Multibagger update: Strong price volume breakout witnessed in this small-cap pharma stock! Do you own it?

The shares of Medicamen Biotech are currently buzzing among the investors after soaring 20 per cent on Wednesday amid strong buying interest. It has registered a strong price volume breakout and also, hit a fresh lifetime high of Rs 1,078.65. The volumes have been elevated and climbed above average in the past four trading sessions, which is an indication of active buying interest in the stock. The stock has surged over 50 per cent in just one month! 

Moreover, the spurt in volume quadrupled on BSE. In just ten months, it has grown multifold from sub Rs 500 levels to over Rs 1,000 levels. The growing fundamental numbers, along with affordable oncological product ambitions, have attracted investors to this stock.   

 Earlier, we informed our readers about this stock when it registered a falling trendline breakout on Friday. It achieved the target of Rs 1,000+ levels as per our expectations.  

Know more about this stock in this post:  

https://www.dsij.in/insight/trending-news/mindshare/article-detail/traders-show-fresh-interest-in-medicamen-biotech-is-it-the-right-time-to-buy-26046