As long as the frontline indices defend the previous week's low, a gradual upward move is possible amid rangebound trading. Below are some short-term trading ideas to consider.
Deven Choksey is bullish on Granules India has recommended buy rating on the stock with a target price of Rs 533 in its research report dated August 22, 2025.
At close, the Sensex was down 368.49 points or 0.46 percent at 80,235.59, and the Nifty was down 97.65 points or 0.40 percent at 24,487.40. About 1994 shares advanced, 1889 shares declined, and 157 shares unchanged.
Granules India Share Price | The share touched a 52-week high of Rs 724.55 and a 52-week low of Rs 412.05 on 02 September, 2024 and 07 April, 2025, respectively.
Stocks to watch, 23 June: Stocks like Granules India, Waaree Renewable Technologies,Signature Global (India), Zen Technologies, NLC India, Bajel Projects, Bharat Electronics, Bank of India, Bandhan Bank, CEAT, and LT Foods will be in focus on June 23.
Deven Choksey is bullish on Granules India has recommended buy rating on the stock with a target price of Rs 612 in its research report dated June 05, 2025.
Motilal Oswal is bullish on Granules India recommended buy rating on the stock with a target price of Rs 600 in its research report dated May 28, 2025.
Rangebound trading is expected to continue, with key support near the low of last Thursday. Below are some short-term trading ideas to consider.
Stocks to Watch, Mar 26: Stocks like Maruti Suzuki India, Minda Corporation, Oil and Natural Gas Corporation, Siemens India, Brainbees Solutions, TVS Motor Company, Indian Overseas Bank, Jyothy Labs, Bharat Heavy Electricals, Indegene, DLF, Asahi India Glass, Dredging Corporation of India, and NTPC Green Energy will be in focus on March 26.
The exercise is aimed at reducing legal entities and simplify operating structure, said Granules Pharma, and the plan is expected to reduce the number of legal entities, simplify operational structures, and create a unified holding structure. The management said the move will not result in any change in the ownership of the subsidiaries.
Stocks to Watch, Mar 19: Stocks like ESAF Small Finance Bank, Granules India, Westlife Foodworld, Strides Pharma Science, TVS Supply Chain Solutions, Dr Reddys Laboratories, TD Power Systems, Larsen & Toubro, Zen Technologies, Brookfield India Real Estate Trust REIT, and Jyoti Structures will be in focus on March 19.
With the Gagillapur unit accounting for a significant 70% of Granules India’s revenue, any adverse regulatory action could pose a serious risk to the company's earnings growth.
Granules India share price: The PSU insurer acquired an additional 17.83 lakh shares between January 1 and March 3, raising its holding from 4.26 percent as of December.
The rebound after a severe fall can't be ruled out, but the sustainability is key to watch. Below are some trading ideas for the near term.
Stocks to Watch, Feb 28: Stocks like Schaeffler India, GE Power India, Coal India, Servotech Renewable Power System, Chemplast Sanmar, Rail Vikas Nigam, Life Insurance Corporation of India, InterGlobe Aviation, SpiceJet, Orient Technologies, Kisan Mouldings, HP Telecom India, and Swasth Foodtech India will be in focus on February 28.
Granules India share price: The development may temporarily delay the approval of pending product submissions from the site, but existing manufacturing and distribution operations remain unaffected.
Stocks to Watch, Feb 24: Stocks like Bharti Airtel, Coal India, Crompton Greaves Consumer Electricals, Zaggle Prepaid Ocean Services, Jagsonpal Pharmaceuticals, Adani Green Energy, Bajaj Auto, Allcargo Logistics, RailTel Corporation of India, Swiggy, Ami Organics, SRF, and Brigade Enterprises will be in focus on February 24.
Senn develops and manufactures, peptides and peptides-based applications for its global customers, providing contract research, development, and manufacturing services.
Geojit Financial Services recommended accumulate rating on Granules India with a target price of Rs 580 in its research report dated February 17, 2025.
The market is expected to see consolidation after the recent rally. Below are some trading ideas for the near term.
Motilal Oswal is bullish on Granules India has recommended buy rating on the stock with a target price of Rs 665 in its research report dated January 25, 2025.
KR Choksey is bullish on Granules India has recommended buy rating on the stock with a target price of Rs 700 in its research report dated January 27, 2024.