BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Bank of America Merrill Lynch
|Target Hit|| Long (1Y)
Bank of America Merrill Lynch maintains neutral on Cipla
Bank of America Merrill Lynch has maintained "neutral" rating on Cipla. Management remains upbeat on growth outlook. Branded business growth likely to revive in India. US business to ramp up from second half of this fiscal. Margin recovery trajectory likely to sustain.