DSIJ Mindshare

Promoters and FIIs increased stake: This small-cap pharma company targeted Rs 750 crore revenue!

The company plans to launch several new products in the domestic and export markets in Q3 and Q4 of FY24.

Aniket Gogate 0 1453 Article rating: 5.0

FII stake increase: Foreign Institutional Investors (FIIs) have increased their stake in Lincoln Pharma from 0.63 per cent in September 2022 to 2.59 per cent in September 2023.

Promoter holding increase: The promoter holding in Lincoln Pharma has also increased from 44.09 per cent in September 2022 to 50.53 per cent in September 2023.

This small-cap stock jumped 29 per cent in last two days, trades at 1.3 price-to-book value with improving net cash flow; watch out!

Interestingly, all these moving averages are in the desired sequence and in a rising trajectory

Karan Dsij 1 3292 Article rating: 4.4

The stock has registered a fresh 52-week high. Interestingly, the volume traded for the day was the highest ever seen, which was close to 17.8 lakh shares.   

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