BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Credit Suisse downgrades IPCA Laboratories to neutral
Credit Suisse has downgraded IPCA Laboratories to neutral for a target price of Rs 640. Risk-reward is not favourable now on IPCA and in the best case potential upside is 7-8 per cent. Pound depreciation will further hurt EPS and strong India growth can support the stock.