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
Religare
N/A
18-07-2016 Hold 3585.00 3280.00
N/A
Target Hit Long (1Y)
18-07-2017

Religare maintains hold on Dr. Reddy's Laboratories

We expect FY17 to be a muted year for Dr Reddy's given the high product concentration risk in the US, incremental competition, lack of Venezuela sales and a weak domestic business. We expect the growth momentum to pick up from FY18 onwards on a weak base and potential resolution of the warning letter on key facilities.

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