Aarti Pharmalabs Hits All-Time High, Gains 855% in 10+ months!

05 Dec, 2023

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Aarti Pharmalabs has a market capitalisation of ₹ 4,000+ crores.

On 20 October 2022, Aarti Pharmalabs was created after the demerger of Aarti Industries.

It moved from its 52 week low of ₹49.5 to ₹484.9, which is the all-time high, giving a whopping 855.56% return in just 10 months and 15 days.

As of Tue, 05 Dec 2023, AARTIPHARM is just ₹11.9 less than the All-Time High of ₹484.9. Lets find out what opportunities lies ahead for AARTIPHARM.

The Golden Extension (161.8%) level of ₹753 offers a promising Exit Point, given the likelihood of a downward momentum from these levels as investors might start booking their profits at these levels.

The Golden Ratio (61.8%) retracement level of ₹215 offers a promising Entry Point, given the likelihood of a pullback from these levels as new investors might come in at these levels.