Profit

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

NSE
767.25
Change Change %
5.70 0.75%

Updated:18 Sep, 2018, 15:55 PM IST

BSE
768.10
Change Change %
5.30 0.69%

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
CLSA
N/A
30-12-2015 Sell 748.00 661.00
N/A
Target Hit Custom
30-12-2016

CLSA maintains sell on Ipca Labs

CLSA has maintained 'sell' on Ipca Laboratories for target price of Rs 661/share. It says valuations reflect strong recovery in earnings and sees operating leverage benefits in FY'17-18. CLSA adds that IPCA's peak valuation is 18 times 1-year forward price-to-earning and it expects flat revenue with pressure on profitability in FY'16.

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