STOCK IN FOCUS - DR REDDY

Dr. Reddy’s Laboratories (CMP ₹1,276) looks set for an upmove toward ₹1,320 and ₹1,350, supported by strong technical and fundamental factors. Technically, the RSI is above 50, indicating rising bullish momentum. The stock has also given a clean 20-EMA breakout, signalling a positive trend shift. Price action shows strong support at lower levels, and healthy trading volumes further validate buyer strength. Fundamentally, the company maintains stable earnings, strong margins, and a solid product pipeline across key global markets. Its consistent growth and financial stability support the likelihood of continued upward movement toward the projected targets.