Indegene Share Price Target 2025: Can INDGN Stock Reach ₹700? | Latest Technical Analysis
Indegene Ltd, a Bengaluru-based digital healthcare solutions provider, is drawing investor attention. With its strong fundamentals and recent IPO listing, the question remains: Can Indegene stock reach ₹700 by 2025? Let’s dive into the latest technical analysis, support & resistance levels, and expert predictions.
About Indegene Ltd
Indegene specializes in healthcare technology, offering services like clinical trials, pharma marketing, and digital health solutions.
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Current Market Price: ₹575.40 (NSE: INDGN)
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Market Cap: ₹13.83K crore
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52-Week Range: ₹499.00 – ₹736.30
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Listed: May 2024 IPO
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Sector: Life Sciences & Healthcare Technology
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Market Cap: ₹8,000–₹10,000 Crore
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Fundamentals:
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Debt-Free
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Profit CAGR: ~68% (5-Year Average)
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ROE: ~24%
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Technical Analysis Overview
| Indicator | Current Status |
|---|---|
| Moving Averages | Above 20/50/100 Day EMAs |
| RSI | ~55 (Neutral) |
| MACD | Positive weekly bias |
| 200-Day EMA | ₹602 (Key Resistance) |
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Short-Term Trend: Neutral
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Medium-Term Trend: Bullish
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Long-Term Potential: Strong with sector growth
Support and Resistance Levels
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Support: ₹570 – ₹575, ₹540 (major support zone)
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Immediate Resistance: ₹600 – ₹605
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Higher Resistance: ₹645 – ₹650, ₹700 – ₹720
Indegene Share Price Target 2025
| Time Frame | Target Price Range | Potential Upside |
|---|---|---|
| Short-Term | ₹600 – ₹605 | ~5% |
| Medium-Term | ₹645 – ₹650 | ~13% |
| Long-Term (2025) | ₹700 – ₹720 | ~22% – 25% |
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TradingView Analysts Median: ₹651
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WalletInvestor 1-Year Forecast: ₹450 – ₹504
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Highest Analyst Target: ₹720
Suggested Trading Strategy
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Buy Zone: ₹570 – ₹575
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Breakout Point: ₹600 – ₹605
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Profit Booking: ₹645 → ₹700 → ₹720
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Stop-Loss: ₹550
Risks to Watch
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If price slips below ₹570, next support is ₹540.
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Resistance at ₹600 could stall momentum without strong volume.
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Dependency on healthcare sector growth and global demand.
Summary
| Current Price | ₹575.40 |
|---|---|
| Support Levels | ₹570 → ₹550 |
| Resistance Levels | ₹600 → ₹645 → ₹700 |
| Target for 2025 | ₹700 – ₹720 |
| Technical Outlook | Cautiously Bullish |
| Risk Level | Moderate |
