Alembic Pharmaceuticals Ltd
APLLTD

631.45

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635.00

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Accumulate
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Rs 631.40

Last updated on 06-Dec-2016

We recommend ACCUMULATE on the stock on account of new product launches and approvals from USFDA. Also increased R&D and capital expenditures will trigger the future growth. We target stock to trade at a P/E of 15.3x in FY17E. (Target Price: Rs.682)
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50 DMA (.)
657.79
100 DMA (.)
641.13
200 DMA (.)
612.60
Weekly Range (.)
617.00
673.70
Monthly Range (.)
589.10
673.70
52 Weeks Range (.)
512.50
727.85
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