BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Macquarie maintains neutral on Wockhardt
Valuation multiples will be under pressure. Resolution of regulatory issues unlikely before FY15 or early 2016. FY14E earnings per share cut to Rs 59/share as against Rs 76/share earlier. Target at Rs 390.