INDGN trade ideas
INDEGENE SET TO ROCKINDEGENE the recently listed stock on the bourses has given a breakout and made a high of 726/- from consolidation zone and closed above the listed day high of 662/- on weekly close basis in the week of 2nd Sept 2024 with highest volume in the week post listing.
Retested the BO of listing day high and rejection candle high of 640/- in the current week and recovered. This should rock in the time to come.
Indegene LTd - Pre and Post IPO StatisticsIPO Price: 430 - 452
Issue Size: 1081.76 Crore ( 4.07 crore shares)
Lot Size: 33
Listed: 655 ( Premium listing - 45% gain :) )
Closing on Listing Date: Closed in Negative @ 570 with good loss of 19.5%)
Listing Day Candle: long Range Bear Candle
Listing Day Volume: 3.5 crore
Listing day open and high PRICE would act as a resistance in immediate future.
Support Range: 430-452( 5%)
Indegebe Ltd was founded in 1998, Indegene Limited provides digital services for the life sciences industry. They assist with drug development, clinical trials, regulatory submissions, pharmacovigilance, complaints management, and sales/marketing support.
The company's services can be divided into following categories
Enterprise Commercial Solutions
Omnichannel Activation
Enterprise Medical Solutions
Enterprise Clinical Solutions and consultancy services
