Mankind Pharma Limited Share Price & Analysis
Fundamentals
Today's Price Action
Mankind Pharma trades flat at ₹2186.1, showing no intraday change, with volume mirroring its 20-day average at 1.87 L. This equilibrium in price and volume indicates balanced momentum and trader caution near recent lows.
Valuation Snapshot
The stock trades at a P/E of 47.2, though sector comparison is invalid due to missing sector P/E, while its 14.7% ROE reflects moderate profitability for the pharmaceutical space. High P/E alongside single-digit earnings growth signals stretched valuations relative to returns.
Key Levels to Watch
The entire 52-week range compresses at ₹2727, indicating a year-long consolidation break to the downside. Mankind now trades 19.8% below this level, with no support evident until ₹2000, suggesting bearish structural bias.
Trader Takeaway
Wait for a daily close above ₹2300 on rising volume before considering long positions in Mankind Pharma.