Indoco Remedies Ltd.

NSE: INDOCO | BSE: 532612 | ISIN: INE873D01024 | Industry: Pharmaceuticals
| Momentum Trap
326.9000 -5.90 (-1.77%)
NSE Jul 10, 2025 15:41 PM
Volume: 40,761
 

326.90
-1.77%
Prabhudas Lilladhar
1QFY21 earnings were mixed with revenue lower than our estimate but EBITDA and PAT higher due to higher gross margin and lower SG&A.; INDR's key growth driver for FY22E India formulation declined by 9% (55% of revenue) YoY even after restructuring its marketing divisions and sales team with new taxonomy of portfolio, focus and allotment of MRs (including additional headcounts). Europe has already made a strong comeback with...
Indoco Remedies Ltd. has an average target of 320.00 from 2 brokers.
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