Profit

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

NSE
2584.15
Change Change %
15.65 0.61%

Updated:18 Sep, 2018, 15:58 PM IST

BSE
2586.95
Change Change %
17.55 0.68%

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
Nomura
N/A
02-11-2015 Buy 4281.75 4919.00
N/A
Closed Custom
02-11-2016

Nomura maintains buy on Dr Reddy's Lab

Revises target price on the stock to Rs 4,919 from Rs 4,779. Dr Reddy's reported strong earnings in Q2 despite headwinds. Expect resolution of USFDA issues in next 12 months and do not factor in escalation to an import alert. Revise earnings estimates for FY16-18 by 2-3 per cent based on strong September numbers.

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