Profit

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

NSE
914.15
Change Change %
-15.20 -1.64%

Updated:19 Sep, 2018, 12:49 PM IST

BSE
914.80
Change Change %
-14.90 -1.60%

Updated:19 Sep, 2018, 12:47 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Deutsche Bank
N/A
20-05-2016 Hold 1540.05 1666.00
N/A
Target Hit Long (1Y)
20-05-2017

Deutsche Bank downgrades Lupin to hold

Deutsche Bank downgrades Lupin to 'hold' for target price of Rs 1,666 per share. It says increased R&D spends to dent earnings and has cut EPS estimates by 13.5% for FY'17 and by 9.9% for FY'18. It adds that resolution of Goa 483s to remains key to monitor as 483s at Goa could impact product approvals. Delay in resolving Goa 483s a concern could see lower than expected sales growth in India and delays in approvals in the US is a risk.

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