4 days ago
Neuland Laboratories shares jump 12% ahead of final dividend
Shares of
Neuland Laboratories
are trading sharply higher on Monday, up 12% at Rs 13,750 amid strong buying interest. Investors holding the stock as of the record date, July 18, 2025, will be eligible to receive a final
dividend
of Rs 12 per share.
This dividend payout amounts to 120% of the stock's face value of Rs 10 for the financial year ending March 31, 2025, offering shareholders a healthy return.
by Taboola
by Taboola
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Over the past 52 weeks,
Neuland
Laboratories has recorded a high of Rs 18,089.55 and a low of Rs 7,900. While the stock is currently down around 23% from its 52-week high, it continues to trade significantly above its 52-week low, reflecting underlying strength and resilience in its price action.
The stock's current 14-day Relative Strength Index (RSI) stands at 54.2. The
RSI
is a commonly used technical indicator that measures the strength and
momentum
of a stock's price movements.
Values below 30 generally suggest the stock may be oversold (potentially undervalued), while values above 70 indicate it may be overbought (potentially overvalued). With an RSI near the middle range, the stock is currently neither oversold or overbought.
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From a technical standpoint, Neuland Laboratories is demonstrating a strong
bullish
trend. The stock is trading above all eight Simple Moving Averages (SMAs) analyzed, covering periods from short-term (5-day) to long-term (200-day). This broad-based support from multiple moving averages suggests positive momentum and a generally favorable outlook among traders.
(
Disclaimer
: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
