BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Closed|| Long (1Y)
Nomura upgrades Lupin to buy
Nomura upgraded Lupin to "buy" from "neutral", citing 19 per cent potential upside from previous closing price. The brokerage increased its earnings per share estimates for Lupin by 5 and 6 per cent respectively for FY16 and FY17. Expect strong volumes at Fortamet despite price hike, the brokerage said.