Profit

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

NSE
663.70
Change Change %
-1.20 -0.18%

Updated:18 Sep, 2018, 15:53 PM IST

BSE
662.25
Change Change %
-0.75 -0.11%

Updated:18 Sep, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Religare
N/A
25-05-2016 Hold 471.05 555.00
N/A
Target Hit Long (1Y)
25-05-2017

Religare maintains hold on Cipla

Cipla's Q4 EBITDA of Rs220 crore is 66 per cent below our estimates due to inventory write-offs, higher R&D expenses. Cipla's operating margins at 13.6 per cent is 450-500 basis points below estimates. We reduce earnings per share estimates of Cipla for FY2017/18 by 12 per cent and10 per cent respectively.

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