Bajaj Healthcare Ltd. is a pharmaceutical company which is into the operations of manufacturing of amino acids, nutritional supplements and other pharmaceutical ingredients. Its CMP is 400.1.
Negatives of Bajaj Healthcare are that they have declining net cash flow and FII are decreasing their stake in the company. The positives are that they have Zero promoter pledge and increase in operating profit margins.
X/2 Entry in Bajaj Healthcare can be taken above 408 and X/2 above 431. Targets will be 462 and 496.