Indoco Remedies Ltd
INDOCO

257.75

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)

257.60

Open ()
Turnover (lac)
Prev. Close ()
Day's Vol.(shares)
Detailed Quote

View

Accumulate
Reco. Price
Rs 280.00

Last updated on 22-Nov-2016

We recommend ACCUMULATE on the stock on account of expected increase in exports and ANDA approvals. Also USFDA clearances for Goa facility will be a benefit for the company. We target stock to trade at a P/E of 21.1x in FY17E. (Target Price: Rs.302)
Detailed View
50 DMA (.)
299.06
100 DMA (.)
304.70
200 DMA (.)
289.49
Weekly Range (.)
252.00
283.00
Monthly Range (.)
250.90
299.00
52 Weeks Range (.)
232.90
362.00
Detailed Chart