Short Term Trading idea in Dr. Lal Pathlabs, 17% upside possible

Hello everyone, i hope you all will be doing good in your life and your trading as well. Today i have just brought a short term idea in Lab stocks. Stock name is Dr. Lal Pathlabs Ltd. and it is one of India’s leading consumer healthcare brand in diagnostic services. It has an integrated nationwide network, where patients and healthcare providers are offered a broad range of diagnostic and related healthcare tests and services for use in: core testing, patient diagnosis and the prevention, monitoring and treatment of disease and other health conditions. The services of DLPL are aimed at individual patients, hospitals and other healthcare providers and corporates.
Stock has given near term consolidation breakout on daily and weekly time frame. Stock can travel towards all time high levels from here, I have already mention all the levels like stop loss and Targets. Stock is really good for long term investing as well. But for now i have just added kind of short term Idea. Please follow the levels.

Market Cap
₹ 29,198 Cr.
Current Price
₹ 3,494
High / Low
₹ 3,525 / 1,943
Stock P/E
76.5
Book Value
₹ 222
Dividend Yield
0.69 %
ROCE
25.2 %
ROE
20.4 %
Face Value
₹ 10.0
Industry PE
53.6
Debt
₹ 247 Cr.
EPS
₹ 45.7
Promoter holding
54.6 %
Intrinsic Value
₹ 743
Pledged percentage
0.00 %
EVEBITDA
40.4
Change in Prom Hold
0.00 %
Profit Var 5Yrs
12.4 %
Sales growth 5Years
13.1 %
Return over 5years
20.9 %
Debt to equity
0.13
Net profit
₹ 386 Cr.
ROE 5Yr
21.3 %
Profit growth
44.6 %
Earnings yield
1.97 %
PEG Ratio
6.15

Disclaimer:-
Please always do your own analysis or consult with your financial advisor before taking any kind of trades.

Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
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Rahul Pal (Indian Moderator)
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