Technical view by Nooresh

Lincoln Pharma – An Interesting Stock !

Lincoln Pharma:


As always while scrolling through all the BSE listed company charts which i do daily i came across this stock which looks pretty interesting but have not got enough time to look into fundamentals.


But posting it early as technically the stock has given indications of breaking out on daily charts.Though the bias would be to look at it in my SMALL CAP COVERAGE SECTION as of now the fundamental analysis is not clear so i would request readers tracking the company or fundamental analysts to have a look and help me out :) else it could take me quite some time.

Hope the stock does not move up quickly :) before the study is over.


The Brief touch on the fundamental snapshot of the company.


Lincoln Pharma : 531633 – Cmp – 39.4


Market Cap : 44 crores

Book Value : 41

The stock is available at a market cap of 44 crores which looks interesting and is currently cum dividend of 1.2 rs which is like 3% dividend yield on the stock. Although the dividend payout has been same in the last 5 years which should have ideally increased.

So need to look more into the basis as on the first look seems very interesting with a medium term outlook.


Technical View:

One of the main reasons to write a post on the stock is that it has just given a breakout move at 40 and closing above the same for few sessions can take the stock to 48 in extreme short term.

Strong supports at 36 levels.



Bottomline :

Interesting stock – Small exposures can be taken at current levels and then add on to it once the research is over:) Hope to get few replies from readers. You can mail me on




Article by Nooresh Merani

Nooresh has written 2532 articles.

You can follow Nooresh Tech on Facebook and Twitter here.

{ 7 comments… add one }
  • Himanshu August 23, 2010, 06:38

    Looks like a gud bet …. I think pharma sector has consolidated a lot….looking to take positions in ankur drugs , aarti drugs & Lincoln :)


  • Mihir August 23, 2010, 11:58

    Hello Nooresh bhai,

    great post again!!
    your view on Cosmo films, and ratnamani metals pplease?
    sell or hold?? i am looking for 2-3 months view..

    thanks again!

  • Amit August 23, 2010, 13:08

    Sir what is your view on Jaysree Tea. Is it still hold as stock is not performing like TATA COFFEE.

  • Mahesh August 23, 2010, 13:53

    Dear Nooresh

    I am invested in Linc Pharma since Feb 2010 purely on its strong fundamentals. There is no reason why it should trade at low pe of just 5. I am sure your this reco is going to rock. I have myself analyzed its financials and business and feeling good that due to your reco many people will come to know about this hidden gem.


  • A C Roy August 23, 2010, 16:04

    Jupiter Bioscience- broken out positively its 1 yr high with volumes. Todays price 113 (todays high 114) is a breathing distance from my acquisition Rs 137. Whats your view?
    Hold or come out and enter at lower level. EPS 19 , PE 5. June 10 resut 50% better than YOY but 50% less than sequential mar 10— however better than all other prev qrs.
    One week increase 12%. Chartically 110/11 was a long term resistance zone which is broken succesfully

    Request you to start ” Chat Zone ” as before

    • nooresh August 29, 2010, 18:27

      Hi Roy,

      The stock Jupiter Bio according to some funda analysts has management concerns so has not been getting better valuations.
      Will need to look into it though technically more steam left

  • jayesh September 24, 2010, 10:51

    hello Nooresh Sir
    after touching and staying above 48-49 levels it is back to 42 now. I was expecting detailed report as mentioned in the blog.
    Pls advise. Had bought 550 at avg rate of Rs. 43
    thanks in anticipation


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