Hunters of Dalal Street

Many have seen the rally in the pharma stocks from past one week Firstly what has happended in the pharma stocks in the recent past Pharma gaints like Sun pharma, Dr Reddys, Torrent pharma , Cipla, Biocon, Ipca labs, Abbott India rallied upto 50% from their 52 weeks lows in few days  Return of 50% in these downtrend markets makes everyone's attention because many investors are still finding bottom to invest which no one can predict But these companies are hitting 52 week highs in this bear market What made them rally like that? We all know, that the only issue running around the world is Covid-19. Where everyone is fearful, every business is shutdown in this scenario, there are some industries which are having benefit out of it i.e. Pharma sector Global countries like US, Brazil and other european countries looking outside for solution to this virus and a trending news has come w.r.t this virus i.e. Hydrochloride (HCQ) which can be used for treat

In the current market scenario, the market is in downtrend and many have sectors have underperformed So one has to chose the selective sectors which are defensive enough to their portfolio So Pharma would be one sector which can help to stablize your portfolio becuase many global factors are positive for this Industry due to recent Covid-19 issue What happended to pharma industry till now?? The Pharma Index has been consolidating for almost 5 years till now, let me show you some numbers So in the above image its clear that, the pharma index has made multi year top in April 2015 at 14000 levels and now its trading at 8412 From the above, its giving breakout on monthly charts which means now entering into  bull phase back with a logical reason Coming back to the company The company which i am disussing now is Cadila Health Care .  Now Its trading at 350 levels Let us discuss some facts and interesting points about Cadila Health Care for investment purpose