Hey All,
A post was due for Stock Market 101 pick and this time, I will be talking about as to why I am Investing in Stock - Granules India Ltd. I would say that rather I am late posting about this stock pick as I have already bought 195 shares of Granules India and my average price is sitting around Rs.461+ per share and the best part is that this investment of mine is giving me a return of 22% already - not bad right and in 2 months time frame. Have a look at the snapshot taken from my stock broker App Sharekhan.
Key points & Business Overview for Granules India Ltd...
Lets now look at the key point as to why I decided to invest in Granules stock:: Ticker is "GRANULES" on NSE [National Stock Exchange] India. This is a pharmaceutical company and is mainly involved in the manufacturing and selling of Active Pharma Ingredients (APIs), Pharmaceutical Formulation Intermediates (PFIs) and Finished Dosages. Please mark the word API here. Did you happen to read BJP -manifesto-2024; if not just have a look at this snippet taken from BJP manifesto 2024 page 46.
Yes they have a commitment to strengthening India's position as Pharmacy of the world and this would be done by boosting the manufacturing and research capacities of the pharmaceutical sector, especially into Active Pharma Ingredients (APIs) business & Granules belongs to this category - so you can see the main reason why I picked this stock up. Lets now look at some numbers; here is the 1 Years Price movement chart of Granules India Ltd with 20 & 50 DMA (Day Moving Average); created a high of ₹ 568 and low of ₹ 288
| Market Cap in Cr. | Current Price | High/Low |
|---|---|---|
| ₹ 13,742 Cr. | ₹ 566 | ₹ 568/ 288 |
Conclusion; My Key takeaways - into API Business
- Domestic Institutional Investors (DIIs) stake has increase and at the same time I see FIIs [Foreign Institutional Investors ] stake is 20%; so that is a very good sign.
- The stock has a good marketcap of 13K+ Cr. so not a penny stock
- Looking at its competitors who are Mankind Pharma, Aurobindo Pharma, Lupin and others Granules price is cheap trading around Rs.560/-.
- No major debt to the company..
Considering all this research which I did; I thought it did be a good stock to be added to my stock portfolio and hence at the moment I have 190 shares Granules India Ltd. at an average price of Rs.461+ per share and I am already making a profit of almost 22%. I plan to book some profit here once it reaches Rs.600+ mark and will continue to track the stock and at every dip from here on its going to be purchase from my side.... Happy Investing....cheers
Stock Market 101:: Why I am Investing in Stock - Granules India Ltd...
#stock #stockmarket #nse #bse #granules #garnulesind #investment #finance #strategy #sensex #indiastockmarket
Have Your Say On the Stock Granules India Ltd; ticker:: GRANULES
Do you invest in India Stock Markets? What are the different criteria you look into before picking a quality stock? Are you invested in the Stock NCL Industries Ltd? Short term Vs Long Term? Please let me know your views in the comment section below...cheers
Image Credits:: screener, pro canva, sharekhan, zerodha
Best Regards
PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've an interest in Blockchain, Stocks & Cryptos and have been investing in many emerging projects.