Buzzing stocks: Bajaj Finserv, Gokul Agro, RVNL, Wipro, Sunteck Realty, BF Utilities, CreditAccess, Somany Ceramics, South West Pinnacle, V-Guard, Vaishali Pharma

Stocks that will see action on March 2, 2023

Order to be executed in six to eight months subject to an initial advance payment

Vaishali Pharma bags orders worth Rs 600 crore for purchase of antibiotic products

Vaishali Pharma standalone net profit rises 65.22% in the December 2022 quarter

Vaishali Pharma, Cubex Tubings, YES Bank, Punjab Sind Bank and Crown Lifters, hit their fresh 52-week highs during the day.

Stock market update: Stocks that hit 52-week highs on NSE in today’s trade

Vaishali Pharma standalone net profit rises 42.14% in the September 2022 quarter

Under the pact, Vaishali Pharma to undertake marketing of Sankalp’s nutraceutical productsCompany to make nutraceutical products with focus on gummies, effervescent tablets and capsules

Sankalp Life Care ropes in Vaishali Pharma to market nutraceutical products

Vaishali Pharma Standalone December 2021 Net Sales At Rs 22.28 Crore, Up 4.63% Y-o-Y

Vaishali Pharma standalone net profit declines 6.40% in the December 2021 quarter

Vaishali Pharma standalone net profit rises 81.82% in the September 2021 quarter

Vaishali Pharma reports standalone net profit of Rs 0.81 crore in the June 2021 quarter

Dewansh Vasani successfully handled the trading of API’s in the domestic market and maintaining customer relations.

Vaishali Pharma board to revise Dewansh Vasani’s position to Executive Director

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced and in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Not a good time to consider, stock is in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Vaishali Pharma Limited is a pharmaceutical company engaged in dealing in pharmaceutical formulations, active pharmaceutical ingredient (APIs), surgical products, veterinary supplements, and herbal and nutraceutical products