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Shilpa Medicare shares jump 14% today amid heavy volumes; here's what tech charts hint

Shilpa Medicare share price: The stock was last seen higher than the 5-day, 20-, 50- and 100-day moving averages but lower than the 200-day moving averages. The counter's 14-day relative strength index (RSI) came at 69.96. A level below 30 is defined as oversold while a value above 70 is considered overbought.
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Shilpa Medicare shares jump 12% today amid heavy volumes; here's why

Shilpa Medicare share price: The stock was last seen trading higher than the 5-day, 20- and 50-day moving averages but lower than the 100-day and 200-day moving averages. The counter's 14-day relative strength index (RSI) came at 57.82. The company's stock has a price-to-equity (P/E) ratio of 16.65.
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Shilpa Medicare share jumps 14% on deal for production of Sputnik V vaccine

Shilpa Medicare share jumps 14% on deal for production of Sputnik V vaccine
The targeted production of the dual vector Sputnik V for the first 12 months is 50 million doses (50 million of Component 1 and 50 million of component 2), from the date of start of commercial production
BusinessToday.In | May 17, 2021 | Updated 17:55 IST
Shilpa Medicare share rose 14 per cent to hit an intraday high of Rs 764.45 on BSE today after the company announced that its wholly owned subsidiary Shilpa Biologicals Private Limited (SBPL), has entered into a 3-year definitive agreement with Dr. Reddy s Laboratories Limited (DRL) for production-supply of the Sputnik V vaccine from its integrated biologics R&D cum manufacturing center at Dharwad, Karnataka. ....

Reddy Laboratories Limited , Shilpa Biologicals Private Limited , Russian Direct Investment Fund , Shilpa Medicare , Laboratories Limited , Flexible Biologics , Sputnik Light , Shilpa Medicare Share , Sputnik V , Ldr Reddy , Dr Reddys Laboratories Limited , சிவப்பு ஆய்வகங்கள் வரையறுக்கப்பட்டவை , ஷில்பா உயிரியல் ப்ரைவேட் வரையறுக்கப்பட்டவை , ரஷ்ய நேரடி முதலீடு நிதி , ஷில்பா மருத்துவ , ஆய்வகங்கள் வரையறுக்கப்பட்டவை , ஸ்பட்நிக் ஒளி ,