Alkem Laboratories Ltd
ALKEM

2,091.95

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2,068.90

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Accumulate
Reco. Price
Rs 2039.20
We recommend an ACCUMULATE on the stock on account of substantial increase in ANDA approvals. Additionally, Strong growth in acute and chronic segments will trigger revenue growth. The stock is currently trading at a P/E of 24.4x on FY18E earnings. (Target Price- Rs.2194.9)
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50 DMA (.)
1,720.85
100 DMA (.)
1,692.07
200 DMA (.)
1,577.45
Weekly Range (.)
1,975.55
2,098.00
Monthly Range (.)
1,625.00
2,098.00
52 Weeks Range (.)
1,152.50
2,098.00
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