IIFL is bullish on Natco Pharma and has recommended buy rating on the stock with a target of Rs 339 in its January 5, 2011 research report.
After hitting all time peak of Rs 357 in the month of December 2010, stock has been consolidating in a triangle pattern with volumes dipping, prices moves nearer to the apex. However stock has signaled a breakout from the triangle in yesterdays trading session with spurt in volumes. The breakout was also backed up withDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
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