BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Deutsche Bank maintains buy on UPL
Deutsche Bank has maintained its "buy" rating on UPL for a target of Rs 800. We see 24 per cent EPS CAGR over FY2016-19. Growth will come through new launches. Management has aggressive growth plans. We expect RoE to improve to 27 per cent in FY18.