Stock market analysts have maintained ‘buy’ rating on Ranbaxy Laboratories stock with an intraday target of Rs 531.
According to them, interested traders can purchase the stock above Rs 525 with a strict stop loss of Rs 521. If the stock market remains positive, the stock pricing becomes more attractive, and reach above Rs 532.
Shares of the company, on Monday (August 4), closed at Rs 524 on the Bombay Stock Exchange (BSE). The total volume of shares traded at the BSE was 829050. The share price has seen a 52-week high of Rs 613.70 and a low of Rs 299.90 on BSE.