DynamicLevels
DynamicLevels
13 Jul 2016
Overweight Lupin, target Rs 1986: Market Experts
Dynamic Levels
Market Experts have an overweight call on Lupin, with a target price of Rs.1986. Time period given by analyst is a year, when Lupin share price can reach defined target. The Goa plant is a significant site that contributes about 45-50 percent of its total United States sales. Majority of pending ANDAs (163 in total, 105 ex GAVIS) belong to non-Goa sites. At least in the short term, a partial resolution of Goa observations would address key stock overhang. The recent EIRs for Mandideep, Auran
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