Profit

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Updated:24 Sep, 2018, 12:29 PM IST

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Updated:24 Sep, 2018, 12:27 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Nomura
N/A
09-11-2015 Buy 3510.10 4919.00
N/A
Closed Custom
09-11-2016

Nomura maintains buy on Dr Reddy's Laboratories

The warning letter for the formulation plant is a negative surprise. The revenue contribution from the injectable facility is very limited at this stage. While the warning letter delays new approvals for products linked to these facilities, the production and sales of approved products can continue.

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