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Granules stock: Stock Radar: Granules stock rallies 50% in 1 year! Takes support above Rising Wedge formation

The stock rose from Rs 276 as of May 26, 2023, to Rs 434 on May 26, 2024. The pharma stock hit a record high of Rs 480 on 26th February but the momentum fizzled. It witnessed a steady decline, which took the stock below 50-DMA on the daily charts. After remaining range-bound for the past few months, the stock took support above the broadening Rising Wedge formation in May and bounced back. ....

Granules India ,

Granules India surges 4% after Rs 252.4 crore block deal

Granules India block deal was executed at a floor price of Rs 405 per share, reflecting a more than 1 percent discount from the previous close. ....

Krishna Prasad Chigurupati , Granules India Block , Granules India , Prasad Chigurupati , Managing Director ,