Ipca Laboratories Ltd
IPCALAB

598.05

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

595.10

Open ()
Turnover (lac)
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Sell
Reco. Price
Rs 606.00
We recommend SELL on the stock as prevailing regulatory issues in domestic and export business is expected to disrupt top-line. Additionally, currency fluctuations may shift emerging market demand to non-branded products. The stock is trading at P/E of 28.8x on FY18E earnings. (Target Price- Rs.514)
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50 DMA (.)
576.24
100 DMA (.)
557.90
200 DMA (.)
556.87
Weekly Range (.)
580.00
617.00
Monthly Range (.)
576.00
657.60
52 Weeks Range (.)
404.00
657.60
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