LAURUSLABS - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 05 Nov 25, 7:43 am

Technical Rating: 4.0

📈 LAURUSLABS is trending upward with strong momentum indicators and trading near its 52-week high, though volume divergence and valuation metrics suggest caution.

📊 Technical Analysis

• Trend: The stock is trending upward, currently at ₹975, just below its 52-week high of ₹979, and trading well above both 50 DMA (₹887) and 200 DMA (₹746).
• Moving Averages: Price is above key averages, confirming bullish momentum and trend continuation.
• RSI (65.6): In bullish territory, indicating strong momentum but nearing overbought levels.
• MACD (22.5): Positive crossover, reinforcing upward momentum.
• Bollinger Bands: Price is near the upper band, suggesting strength but also potential for short-term consolidation.
• Volume: Current volume (16.16L) is below 1-week average (20.94L), indicating reduced participation at current levels.

Sources: Investing.com Technicals

Investing.com India

, TradingView Overview

TradingView

, DailyBulls Analysis

tick.dailybulls.in

🎯 Entry & Exit Zones

• Support Zone: ₹940 – ₹955 (recent base and psychological support)
• Resistance Zone: ₹980 – ₹995 (52-week high and upper Bollinger band)
• Optimal Entry: ₹950 – ₹965 (on pullback with RSI holding above 60)
• Exit Target: ₹990 – ₹1,020 (short-term breakout zone)

✅ Positive

• Strong ROCE (9.47%) and ROE (7.75%) reflect improving capital efficiency.
• EPS of ₹12.6 and low debt-to-equity ratio (0.37) indicate financial stability.
• FII holding increased by 0.47%, showing foreign investor confidence.
• Quarterly PAT surged from ₹158 Cr. to ₹216 Cr., a 408% increase.

⚠️ Limitation

• RSI nearing overbought levels may lead to short-term consolidation.
• Volume is declining despite price strength, suggesting possible exhaustion.
• High P/E (77.2) and negative PEG ratio (-3.32) suggest valuation concerns.

📉 Company Negative News

• DII holding decreased by 0.22%, indicating cautious domestic sentiment.

📈 Company Positive News

• Stock is trading near its 52-week high with strong technical confirmation across indicators.
• Quarterly earnings growth and foreign institutional accumulation support bullish outlook.

🧪 Industry

• Industry P/E is 33.1, significantly lower than LAURUSLABS’s, suggesting relative overvaluation.
• Pharmaceuticals sector is defensive and driven by regulatory approvals, innovation, and global demand.

🧾 Conclusion

• LAURUSLABS is currently trending with strong technical indicators and bullish sentiment.
• Short-term traders may consider entering near ₹955 with a target of ₹1,020, maintaining stop-loss below ₹940.
• Long-term investors should monitor valuation and volume trends before accumulating further.