Concord Biotech Ltd Positional IdeaC&H Pattern
In uptrend
32.6% deep cup
Tight bars at bottom
Flat bottom with dried volume
Good results
Increasing RS
Good Risk to reward
Next report date
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Report period
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EPS estimate
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Revenue estimate
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31.35 INR
3.08 B INR
9.98 B INR
25.83 M
About CONCORD BIOTECH LTD
Sector
Headquarters
Ahmedabad
Website
Founded
2000
ISIN
INE338H01029
FIGI
BBG01HRWT6H8
Concord Biotech Ltd. operates as a research and development based biotechnology company. It manufactures active pharmaceutical ingredients through the process of fermentation, semi-synthetic and synthetic processes. The firm''s products include APIs in the immunosuppressant, antibiotic, oncology, antifungal and hypolipemic segments and enzymes. The company was founded in 2000 and is headquartered in Ahmedabad, India.
CONCORD BIOTECH LTD S/RSupport and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (re
CONCORD BIOTECH LTD S/RSupport and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (re
WAIT FOR RANGE BREAKOUT....NSE:CONCORDBIO trade at 1665 level. Support is at 1600. Resistance is at 1800.
After breakout you can watch it next resisstance at 2100.
concord Biotech LTDPicture this: Concord Biotech Ltd, a stock showing promising signs of strength. The volume is buzzing, and it's near a resistance level. It needs to spend some time there before I initiate a buy entry.
Swing Trade In Concord NSE in 1Day TFSwing Trade In Concord NSE in 1Day TF.
Technical Analysis
The stock has reached an all-time high, surpassing its recent resistance level. Additionally, there are two levels of contraction observed in its performance.
1st Contraction is around 13.71%
2nd Contraction is around 06.10%
Target 10%
SL
Concord bio may test 1450Good volume
Maybtest new high
Target 1450
Stop 1350
Posted good sept quarter numbers
See all ideas
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of CONCORDBIO is 2,151.05 INR — it has increased by 0.71% in the past 24 hours. Watch CONCORD BIOTECH LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange CONCORD BIOTECH LTD stocks are traded under the ticker CONCORDBIO.
CONCORDBIO stock has risen by 2.26% compared to the previous week, the month change is a 7.98% rise, over the last year CONCORD BIOTECH LTD has showed a 55.99% increase.
We've gathered analysts' opinions on CONCORD BIOTECH LTD future price: according to them, CONCORDBIO price has a max estimate of 2,208.00 INR and a min estimate of 1,083.00 INR. Watch CONCORDBIO chart and read a more detailed CONCORD BIOTECH LTD stock forecast: see what analysts think of CONCORD BIOTECH LTD and suggest that you do with its stocks.
CONCORDBIO reached its all-time high on Sep 20, 2024 with the price of 2,664.00 INR, and its all-time low was 900.05 INR and was reached on Aug 18, 2023. View more price dynamics on CONCORDBIO chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
CONCORDBIO stock is 3.91% volatile and has beta coefficient of 1.04. Track CONCORD BIOTECH LTD stock price on the chart and check out the list of the most volatile stocks — is CONCORD BIOTECH LTD there?
Today CONCORD BIOTECH LTD has the market capitalization of 223.21 B, it has decreased by −6.43% over the last week.
Yes, you can track CONCORD BIOTECH LTD financials in yearly and quarterly reports right on TradingView.
CONCORD BIOTECH LTD is going to release the next earnings report on Feb 6, 2025. Keep track of upcoming events with our Earnings Calendar.
CONCORDBIO net income for the last quarter is 957.41 M INR, while the quarter before that showed 595.93 M INR of net income which accounts for 60.66% change. Track more CONCORD BIOTECH LTD financial stats to get the full picture.
Yes, CONCORDBIO dividends are paid annually. The last dividend per share was 8.75 INR. As of today, Dividend Yield (TTM)% is 0.41%. Tracking CONCORD BIOTECH LTD dividends might help you take more informed decisions.
As of Dec 25, 2024, the company has 1.38 K employees. See our rating of the largest employees — is CONCORD BIOTECH LTD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. CONCORD BIOTECH LTD EBITDA is 4.58 B INR, and current EBITDA margin is 42.01%. See more stats in CONCORD BIOTECH LTD financial statements.
Like other stocks, CONCORDBIO shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade CONCORD BIOTECH LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So CONCORD BIOTECH LTD technincal analysis shows the strong buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating CONCORD BIOTECH LTD stock shows the buy signal. See more of CONCORD BIOTECH LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.