Novartis India Limited
Share Price Target & Analysis
NSE:NOVARTIND
VWAP
Open
Close
High
Low
52 Week High
-17.10 (-2.48%)
NOVARTIND
(PHARMA)Turnaround Potential
52 Week Low
EPS
PE
PB
Economical
Quality
Silver
Valuation
#Analysis
NSE: NOVARTIND Share Price Financial Analysis & Valuation
Novartis India Limited (NOVARTIND) is broadly categorized in PHARMA segment industry which deals in Pharmaceuticals vertical.
It is one of Small Cap company with Market Capitalization of Rs 1810.1 (in Cr). Total number of free float shares are 0 (in Lacs).
Novartis India Limited is listed on NSE with Exchange ID - INE234A01025 and trading code is NSE:NOVARTIND with short name Novartis India.
In the past 1 year, Novartis India Limited has declared an equity dividend of Rs 10 per share. At the current share price of NOVARTIND at Rs 672.25, this results in a dividend yield of 1.49 %.
As per the Fundamental Analysis of NSE:NOVARTIND, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine NOVARTIND underlying value and future prospects. All of this data is available in NOVARTIND financial statements.
Quality of the Stock: As per the fundamental analysis of NSE:NOVARTIND, it is clearly understood that NOVARTIND is Economical performer in terms of earnings and profit margins with an EPS of 28.85. NSE:NOVARTIND book value per share as of today is 314.15. The current price to book ratio for NOVARTIND as of Nov 23, 2024 is 2.14.
Valuation of the Stock: The current valuation of NOVARTIND stock is like Silver which means currently the stock is at Premium. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of NOVARTIND whether to BUY this stock at current valuation. The delivery percentage of NOVARTIND is 46.49% is very crucial parameter which shows that 46.49% investors are anticipating that the price of NOVARTIND share should go up with VWAP at 680.42.
Now, the main question is whether to BUY or SELL, NSE:NOVARTIND at current valuation.
As per latest Analysis No. #435:-
⇑ STRONG BUY NOVARTIND if All Greens
⇗ BUY NOVARTIND (at Lower Levels) if any 2 Greens
⇒ NEUTRAL or HOLD NOVARTIND (With Stop Loss) if only 1 Green
⇘ SELL NOVARTIND if NO Green Indicator
NSE: NOVARTIND Share Price Today (Nov 23, 2024)
(Novartis India Limited Daily Analysis on the basis of NOVARTIND Intraday Graph & Trend)
Novartis India Limited share price moved Down by -2.48% from its previous close of Rs 689.35. NOVARTIND stock last traded price is 672.25. NOVARTIND share price trend is Down with a total of 11837 stocks traded till now. It has touched an intraday high of Rs 698.2 and an intraday low of Rs 668.35. The NOVARTIND trading at 672.25, Down by Rs. -17.10, or -2.48 percent which suggests that most of the Traders are anticipating that the price of NOVARTIND share should go Down.
NSE: NOVARTIND Share Price Tomorrow Prediction
(Novartis India Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of NOVARTIND)
Novartis India Limited share price moved Down by -2.48%. NOVARTIND share price short term trend is Down. It suggests that NOVARTIND Share Price for Tomorrow remains the same with VWAP at 680.42 will be treated as stop loss for intraday traders. Novartis India Limited Long term investors can follow the NOVARTIND long term trend as mentiond in future forecast table.
NSE Code |
NSE: NOVARTIND |
NOVARTIND Share Price Today |
672.25 |
NOVARTIND Share Price Target Prediction for 2024 ^ |
632.7 - 783.9 |
NOVARTIND Share Price Target Prediction for 2025*^ |
783.9 - 835.1 |
NOVARTIND Share Price Target Prediction for 2026*^ |
835.1 - 893.6 |
NOVARTIND Share Price Target Prediction for 2027*^ |
938 |
NOVARTIND Share Price Target Prediction for 2028*^ |
965 |
NOVARTIND Share Price Target Prediction for 2030*^ |
1052 |
NOVARTIND Current Book Value 2023 |
312.6 |
*Novartis India Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^NOVARTIND share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.
NOVARTIND Technical Analysis (In Process... .. .)
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Most popular Questions & Answers about NOVARTIND
Novartis India Limited stock last traded price is 672.25. NOVARTIND share price moved Down by -2.48% from its previous close of Rs 689.35.
Novartis India Limited share price trend is Down with a total of 11837 stocks traded till now. It has touched an intraday high of Rs 787.8 and an intraday low of Rs 668.35. The NOVARTIND trading at 672.25, Down by Rs. -17.10, or -2.48 percent which suggests that most of the Traders are anticipating that the price of NOVARTIND share should go Down and the Stop Loss will be around 680.42.
The market cap of Novartis India Limited is ₹1810.1 (in Cr) as of Nov 22, 2024.
The current price to earning ratio for Novartis India Limited as of Nov 22, 2024 is 42.57.
The current price to book ratio for Novartis India Limited as of Nov 22, 2024 is 2.14.
The highest price of Novartis India Limited stock is ₹780 in the last 52-week.
The lowest price of Novartis India Limited stock is ₹537 in the last 52-week.
Novartis India Limited share trading at ₹672.25, Down by Rs. -17.10, or -2.48 percent which suggests that most of the traders are anticipating that the price of NOVARTIND share should go Down.
In 2023, Stock price target for Novartis India Limited (NOVARTIND) are ₹632.7 on downside and ₹783.9 on upside. Novartis India Limited share price target is based on current financial year earings of the company.
In 2024, Stock price target for Novartis India Limited (NOVARTIND) are ₹783.9 on downside and ₹835.1 on upside. Novartis India Limited share price target is based on forecasted future earnings of the company.
In 2025, Stock price target for Novartis India Limited (NOVARTIND) are ₹835.1 on downside and ₹893.6 on upside. Novartis India Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.
In next five years, Stock price target for Novartis India Limited (NOVARTIND) will be around ₹965 Novartis India Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of NOVARTIND.
The price of Novartis India Limited (NOVARTIND) shares moved by -2.48%. The short-term trend for NOVARTIND share price is Down. It implies that the share price of NOVARTIND will stay the same tomorrow and that intraday traders should treat VWAP at 680.42 as a stop loss. Investors with a long-term outlook can track NOVARTIND long-term trajectory, which is indicated in the future forecast table.
Estimated DCF Value of NOVARTIND stock is 345.9. Compared to the current market price of 672.25 INR, the NOVARTIND stock is Overvalued by 48.5%.
As per the fundamental analysis of Novartis India Limited (NOVARTIND), it is of Economical quality in terms of earnings and profit margins with an EPS of 28.85. Novartis India Limited book value per share as of today is 314.15. The current price to book ratio for NOVARTIND as of Nov 23, 2024 is 2.14.
NSE:NOVARTIND News & Other Useful Information about NOVARTIND Share Price
Peer Comparison of NSE: NOVARTIND
The Peers list includes companies operating in the same industry and having comparable market cap.
Sector: Pharmaceuticals
Company | Price | EPS | BV |
---|---|---|---|
SUNPHARMA | 1805.60 | 11.21 | 98.75 |
DIVISLAB | 6000.00 | 69.2 | 507.94 |
MEDICAMEQ | 446.75 | 8.18 | 164.54 |
CIPLA | 1485.25 | 54.32 | 346.38 |
DRREDDY | 1214.00 | 57.64 | 290.52 |
PGHH | 15925.70 | 189.8 | 324.25 |
TORNTPHARM | 3171.00 | 48.34 | 201.78 |
BIOCON | 331.60 | 0.35 | 90.88 |
LUPIN | 2064.55 | 65.71 | 451.63 |
ALKEM | 5583.35 | 176.48 | 882.75 |