#LAURUSLABS Update
Into a narrow consolidation band post breakout.
Sustained above the zone, Target's intact.

#StockMarket #StocksInFocus https://t.co/lhfemwd4iQ

#TATAELXSI Weekly
A simple setup set towards breaking out in to the uncharted territory above 4373.20

#StockMarket #StocksInFocus

#IRCTC
A brief consolidation, before continuing to move in prior direction of the trend.

Broken past the converging trendlines; A follow-through here and a closing above 4019.70 would bring in the targets of 4240 followed by 4450.

20 Timeless Financial Lessons from the book:

"THE PSYCHOLOGY OF MONEY"

– Thread –

1. Our current relationships with money are based on our past experiences & We should avoid living in that illusion.

2. One can be wealthy without superior intelligence of financial education. You just need right behavioral skills.

3. Both luck & risk are an integral part of finance.

You can make good decisions that lead to poor financial outcomes vice-versa.

4. Saying “enough” is realizing that an appetite for more will push you to the point of regret.

5. Financial success is less of a science & more of a soft skill.

6. Buying impressive items to gain admiration & respect from others is a fool’s pursuit~ These things can not be bought.

7. Don’t move your goalpost to suit your current needs.

Once you have more money & power. It's easy to get lost in ambition so stick to your goal.

8. There are certain things which are never worth taking a risk like Character, Family, Friends & Freedom, Happiness.

#ITC
The one constant in every investor's life.

Notice how the price has been fluctuating between the upper and lower band of the parallel channel over a period of 25+ years.

The longer the channel remains intact, the more reliable it becomes.

For now, Resistance: 278.65

ICICI BANK

With the PRZ at 810.80
Might see a drop towards 772-780 levels.

Invalidation- Closing above 810.80

#lauraslab
Probable Bullish ABC
close above 690 entry with SL 666 on closing basis TGT 797-805-924-1041
#relativestrength #outperformance
#AhmedabadNest #investing
#NISHSHKUMAR

Does #LaurusLabs makes good investment bet at current

Laurus Labs FY21 Annual Report Takeaways 🔬

'Capex plans are already under way to increase capacity by 1.8x by 2022'

Hit the 'retweet' & help us educate more investors.

A Thread 🧵👇

1/ About the company:

Leadership position in generic APIs with a major focus on Antiretroviral drugs, Hepatitis C & Oncology drugs

FDF: Moved up the value chain in formulations

Synthesis (CDMO): KSMs, Intermediates & APIs to pharma innovators.

Bio: Recombinant products

2/ Strengths of the business:

Robust R&D & Process chemistry skills
Compliance that meets the most stringent regulatory expectations (USFDA, etc)
Long-standing relationships | Top 10 global pharma cos. catered

750+ scientists (R&D) | 61 DMFs | 27 ANDAs | 150 patents (292 filed)

3/ APIs: 54% of rev

- Leaders in various high-value & high-volume APIs.
- 4 high potent manufacturing facilities: 4186 KL, increasing capacity by 24% (Strong demand)
- ARV APIs were up 70% | Onco APIs up 25% | Other APIs up 56% (higher contract manufacturing orders from 🇪🇺)

4/ Formulations: 35% of rev

- Backwardly integrated: in house APIs
- Sales to LMIC, 🇺🇸 & 🇪🇺
- 27 ANDA filled: 9 approved+ 8 tentative.
- Capacity of 5 Billion units/yr, Increasing capacity by 100%
- Sales up 102% (growth across markets)
- Launched TLE 400 in the LMIC market

#LAURUSLAB-651

Now above 6.857%(520) further extension shown in chart.

Base Case 520.

#Probability