Profit

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

NSE
532.80
Change Change %
5.85 1.11%

Updated:12 Nov, 2018, 14:59 PM IST

BSE
532.30
Change Change %
5.50 1.04%

Updated:12 Nov, 2018, 15:18 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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