Profit

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

NSE
462.40
Change Change %
1.40 0.30%

Updated:14 Nov, 2018, 12:34 PM IST

BSE
460.00
Change Change %
-0.55 -0.12%

Updated:14 Nov, 2018, 12:39 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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