Eris Lifesciences Ltd. is presently engaged in manufacturing and marketing of pharmaceutical products. It has presence in high growth chronic, sub chronic and acute therapeutic areas that require high intervention of specialist and super specialist doctors. Apart from this, it has a portfolio of 112 Mother Brands across therapy areas. Eris Lifesciences Ltd CMP is 917.3.
The Negative aspects of the company are High Valuation (P.E. = 32.2), Declining annual net profit, declining cash from operations annual, FIIs are decreasing stake, MFs are decreasing stake, High promoter pledge, Promoter Holding decreasing. The positive aspects of the company are No debt.
Entry can be taken after closing above 936. Targets in the stock will be 952 and 972. The long-term target in the stock will be 988 and 1020. Stop loss in the stock should be maintained at Closing below 806.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
The Negative aspects of the company are High Valuation (P.E. = 32.2), Declining annual net profit, declining cash from operations annual, FIIs are decreasing stake, MFs are decreasing stake, High promoter pledge, Promoter Holding decreasing. The positive aspects of the company are No debt.
Entry can be taken after closing above 936. Targets in the stock will be 952 and 972. The long-term target in the stock will be 988 and 1020. Stop loss in the stock should be maintained at Closing below 806.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
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