Indian stock alert

INDIA

CLOSING UPDATE: Sun Pharmaceutical Industries keeps sliding: down 3.9% in 4 days 25 July 2017 17:16 IST

NEWS BITES - BRIC

This is an end of day Alert, produced after today's Indian market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

Sun Pharmaceutical Industries, India's largest pharmaceuticals company by market capitalisation, extended its slide on Tuesday, shedding an additional Rs4.90 (or 0.9%) to trade at Rs565.90. Trading volume was 51% of average at the end of the day.

Technical indicators complementing today's significant downtrend:

+ The stock has underperformed 77% of the Indian market over the past 6 months.

+ In the last three months the stock has hit a new 52-week low twice.

+ The price dropped 2.1% in the last week.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Overvaluation:

+ Price/Sales of 4.7 [3.6]

+ Dividend yield of 0.2% [0.5%]

Other Bearish Signals include:

+ Tobin's Q Ratio is 2.5. Compared with the rest of the market the stock is overvalued and ranks in the bottom quartile of stocks by value of Q Ratio.

Note

Sun Pharmaceutical Industries today is at a discount of 33.7% to the 12-month high of Rs853.85 on 04 Aug, 2016. It is at a premium of 14.9% to the 12-month low of Rs492.65 on 29 May, 2017.

Bullish Signals:

The positive 5.94 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

Total Liabilities/EBITDA of 2.4 is comfortably below the Joseph Piotroski benchmark of <5.

Net profit margin has averaged 21.5% in the last 3 years. This is considered superior and suggests a high margin of safety.

As per the Du Pont analysis, Return on Equity of 15.0% is better than sector average of 14.5%.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Undervaluation:

Return on Assets 10.8% [7.4%]

TODAY'S ALERTS

Afternoon Alert: Sun Pharmaceutical Industries keeps sliding: down 3.6% in 4 days

25 July 2017 12:58 IST

Sun Pharmaceutical Industries Limited (NSE:SUNPHARMA) extended its slide on Tuesday, shedding an additional Rs2.90 (or 0.5%) to trade at Rs567.90. Trading volume was 83% of average so far today.

Morning Alert: Sun Pharmaceutical Industries keeps sliding: down 3.4% in 4 days

25 July 2017 10:17 IST

Sun Pharmaceutical Industries Limited (NSE:SUNPHARMA) extended its slide on Tuesday, shedding an additional Rs1.55 (or 0.3%) to trade at Rs569.25. Trading volume was 62% of average so far today.

RECENT ALERTS

CLOSING UPDATE: Sun Pharmaceutical Industries keeps sliding: down 3.1% in 3 days

24 July 2017 17:07 IST

Sun Pharmaceutical Industries, India's largest pharmaceuticals company by market capitalisation, extended its slide on Monday, shedding an additional Rs5.15 (or 0.9%) to trade at Rs570.80. Trading volume was 33% of average at the end of the day. The shares have fallen Rs18.35 (or 3.1%) over the past three trading days vs. the BSE SENSEX Index which has risen 0.9% in the same period.

Afternoon Alert: Sun Pharmaceutical Industries keeps sliding: down 3.0% in 3 days

24 July 2017 12:58 IST

Sun Pharmaceutical Industries Limited (NSE:SUNPHARMA) extended its slide on Monday, shedding an additional Rs4.50 (or 0.8%) to trade at Rs571.45. Trading volume was 68% of average so far today. The shares have fallen Rs17.70 (or 3.0%) over the past three trading days vs. the BSE SENSEX Index which has risen 0.9% in the same period.

Sun Pharmaceutical Industries Limited (NSE:SUNPHARMA; BSE:SUNPHARMA; NS:SUNPHARMA; IN:SUNPHARMA)

ISIN: INE044A01036

PermID: 4295873594

Source: www.BuySellSignals.com