Profit

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

NSE
1672.55
Change Change %
21.20 1.28%

Updated:15 Nov, 2018, 15:43 PM IST

BSE
1672.15
Change Change %
25.30 1.54%

Updated:15 Nov, 2018, 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
24-05-2016 Hold 1337.60 1560.00
N/A
Target Hit Long (1Y)
24-05-2017

Religare maintains hold on Torrent Pharma

Torrent Pharma reported an operationally in-line Q4. Management expects R&D costs to scale up to 8 per cent in FY17 from 4 per cent currently. We believe Torrent Pharma's US business, which contributed 40 per cent of FY16 revenues will continue to face growth challenges.

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