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In the upcoming week, immediate resistance for Nifty 50 is anticipated at 22,180. Breaching this level might induce short covering in index futures.

Pick these 3 stocks for double-digit returns in coming 2-3 weeks

Anand Rathi is bullish on Hikal has recommended buy rating on the stock with a target price of Rs 390 in its research report dated April 18, 2024.

Buy Hikal; target of Rs 390: Anand Rathi

Hikal Ltd. engages in the manufacture of chemical intermediates, specialty chemicals, active pharma ingredients, and contract research activities. It operates through the Crop Protection and Pharmaceuticals segments. The Crop Protection segment involves in manufacturing of intermediates and active ingredients. The Pharmaceuticals segment offers contract development and manufacturing; APIs and intermediates; animal health, and project management. The company was founded by Jai Hiremath on July 8, 1988 and is headquartered in Mumbai, India.

Hikal Ltd.

52-Wk High	331.20
52-Wk Low	250.10

HIKAL.NSE Hikal Ltd.

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