BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
Nomura maintains buy on Dr Reddy's Lab
Nomura cut target price on Dr Reddy's Lab to Rs 4,346 from Rs 4,919 earlier. Dr Reddy's is a play on the US generics and emerging market pharma growth. It is also a play on the biosimilar opportunity, which is likely to evolve over the next five years.