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Rakesh Madhav CFA

10th Nov ยท SEBI-Registered Analyst

๐Ÿ’Š Torrent Pharma โ€“ Strong Dose of Momentum!

CMP: โ‚น3,818 (+6.6%) | Sector: Pharmaceuticals Technical View:

TORNTPHARM
surged sharply, breaking out of a multi-week consolidation zone with heavy volumes (~1.6M). The stock formed a long bullish candle, indicating strong institutional buying interest. RSI near 70 shows healthy momentum without deep overbought pressure. Key support sits near โ‚น3,650; immediate resistance is seen around โ‚น3,950โ€“โ‚น4,000. Fundamental View: Torrent Pharmaโ€™s Q2FY26 results exceeded street estimates with PAT up 23% YoY and margin expansion to 32%. Growth was driven by robust India business (+14%) and steady U.S. sales. The companyโ€™s focus on chronic therapies, cost optimization, and integration of acquired brands continues to pay off. Its strong cash flow, declining debt, and improving export outlook make it a steady compounder in pharma. Analyst Rating: Brokerages remain Positive/BUY, citing leadership in branded generics and stable margins. Target: โ‚น4,050 (โ‰ˆ6% upside) | Stop-loss: โ‚น3,650.

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