Merck stock price has been experiencing a significant upmove and today it enjoyed a 5% party in the Indian stock market. As of 8th April 2015, the share price crossed Rs.1000 and established new highs. At the end of market day, the stock was quoting at Rs.987.45 on NSE. Hope all those holding this stock with patience celebrated this good rise in the Merck stock price. Hope to see more money rain in future…Keep minting till then..hahahahaha!
Most of you must have already seen me mentioning a lot about Merck on MMB. I had started discussing about this stock at levels of Rs.850. Considering the charts of this stock, I added this for much higher levels of about 1200 or so. In this article, I shall discuss valuable information about Merck company background, Merck CMP and other relevant details.
BSE Id for Merck – 500126
NSE Id for Merck – MERCK
Current Merck Share Price (as on 19th January’15) – INR 890
Arvind Bajaj’s Views About Merck Company Stock in his Portfolio
I am fascinated by Merck, which has been the world’s oldest chemical and pharmaceutical company. It seems to be a great pick in the pharma sector. With potentials being high for this company at current levels below 900, I shall keep holding it tight for higher price levels like Rs.1200.
My Personal Bullish Expected Levels for Merck shares in my portfolio – Rs.1200 in the long term
Background for Merck company
Being touted as the oldest chemical & pharma company, Merck has managed to carve a name for itself as one of the leading pharma company for top-quality high-tech products. It is known for its innovation in 66 different countries of the world due to its presence. It has started being active in India since the beginning of 20th century. In US and Canada, Merck is better known as EMD.
You can access more details about Merck company at: Merck Official Website
NOTE: The above information is purely my own personal take / view on Merck based after my analysis. I am not at all a certified Stock Analyst or Stock Broker or Research Analyst. All my readers of this blog are advised to perform their own analysis and consult any authorized research analyst or financial advisor before taking their investment decision.