Shares surged up to 14% intraday to ₹304–₹305 after strong Q1 earnings.

Q1 net profit rose 2.7% YoY to ₹41.3 crore on revenue of ₹595.3 crore (+7.4% YoY). 

EBITDA margin hit 7.7%, aided by better cost control — CLSA flagged margin tailwinds. 

CLSA upgraded to “Outperform” and raised target to ₹333 (~10% upside). 

Jefferies echoed positive call, targeting ₹400, citing strong profit outlook. 

Technicals look bullish — rounding bottom breakout, trading above all key moving averages. 

Retail sales expanded: 9,000 new general trade outlets, 3,400 chemists added. 

Traders are eyeing 7–12% intraday scalps, with ₹280 stop-loss and ₹320–₹325 profit zones.

Momentum remains strong — volume 107× average, RSI at ~38 suggesting upside room.

Trade Tip: Use the breakout above ₹300, target ₹333–₹350, and keep tight stops around ₹280.