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Rakesh Madhav CFA

14th Feb · SEBI-Registered Analyst

💊 Laurus Labs – Pullback Within Broader Uptrend

LAURUSLABS
shows a weekly pullback after a strong rally toward ₹1,100. Price is attempting to stabilize near key support levels. 📊 Technical View (Weekly): Retesting breakout zone near ₹950–1,000 Price hovering near weekly moving average support Momentum cooling but not structurally broken Broader higher timeframe trend remains positive 🏭 Fundamental Triggers: Improving traction in CDMO and specialty APIs Gradual recovery in ARV segment pricing Capacity utilization improvement expected Focus on margin normalization 📰 Watch For: USFDA updates, CDMO deal announcements, and quarterly margin trends.

#TechnicalViews#FundamentalViews#EquityResearch
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