Profit

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

NSE
1642.00
Change Change %
-0.35 -0.02%

Updated:12 Nov, 2018, 14:59 PM IST

BSE
1644.80
Change Change %
-0.30 -0.02%

Updated:12 Nov, 2018, 15:18 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Religare
N/A
18-05-2015 Sell 1220.20 1000.00
N/A
Closed Custom
18-05-2016

Religare Downgrades Torrent Pharma to Sell

Religare has downgraded Torrent Pharma to 'sell' from 'hold' with a target price of Rs 1,000. The brokerage says that the stock trades at high valuation of 22.7 times its FY17 forward earnings. Religare expects limited upside from here on and see untenable long-term drivers.

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