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 maintains underperform on Lupin
Credit Suisse has maintained "underperform" rating on Lupin with decreased target price of Rs 1,290. We have cut FY17 earnings per share estimates by 15 per cent to factor Mylan's entry in Fortamet. Core profits to be lower than consensus expectation.