Profit

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

NSE
487.65
Change Change %
-7.50 -1.51%

Updated:18 Apr, 2019, 15:59 PM IST

BSE
488.25
Change Change %
-7.25 -1.46%

Updated:18 Apr, 2019, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Religare
N/A
17-05-2016 Buy 1172.95 1375.00
N/A
Closed Long (1Y)
17-05-2017

Religare maintains buy on Strides Shasun

Strides Arcolab has guided for an increase in R&D spends from Rs 75 crore in FY16 to Rs 150 crore in FY17. Factoring in a soft FY16 and higher R&D costs, we cut earnings per share estimates for FY17/FY18 by 5 and 4 per cent respectively.

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