๐ Laurus Labs: Momentum Backed by Strong Fundamentals!
LAURUSLABS
: Laurus Labs has witnessed a sharp upmove after delivering stellar Q1 FY26 results. With improving margins, strong CDMO traction, and high investor interest, the stock is now trending firmly upward. Hereโs a breakdown of the technical and fundamental outlook:
๐น Short-Term View (2โ4 Weeks)
Stock rallied over 6% post-results with strong volumes
RSI above 80 indicates overbought zone โ possible minor pullback
Key resistance near โน905โ920; support at โน860 and โน835
Positive momentum intact as long as โน860 holds
๐ข Strategy: Wait for breakout above โน920 or buy on dip toward โน860โโน870 with SL โน820
๐น Long-Term View (6โ12 Months)
Revenue: โน1,570 Cr (โ31% YoY)
EBITDA: โน389 Cr (โ127% YoY) | Margins expanded to 24.8%
PAT: โน163 Cr (โ1,154% YoY) โ driven by CDMO and formulation growth
ARV and Custom Synthesis segments seeing strong demand
Management confident of FY26 growth visibility
๐ข Strategy: Accumulate on dips for long-term targets of โน1,050โโน1,100 with SL โน770