BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Edelweiss maintains buy on Dhanuka Agritech
Dhanuka Agritech's Q1 results came in-line with our estimates. The company launched 4 new products in Q1FY17 and is expects to launch 3 new products in FY17. Over next 2-3 years, it expects to launch 2 exclusive products per annum. We believe the company will continue to gain market share over FY16-18 on recent product introductions.