Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
1948.05
Change Change %
2.90 0.15%

Updated:16 Nov, 2018, 14:24 PM IST

BSE
1934.40
Change Change %
-7.55 -0.39%

Updated:16 Nov, 2018, 14:52 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Nomura
N/A
02-02-2016 Buy 1395.50 1635.00
N/A
Target Hit Custom
02-02-2017

Nomura initiates buy on Alkem Labs

Nomura has initiated buy on Alkem Labs for target of Rs 1,635/share. Nomura says company is a play on steady domestic business. India's pharma market presents a long term opportunity. Stock trading in-line with sector average at 19.2 times FY17EPS and current valuation is well supported by growth estimates.

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