Marksans Pharma Ltd
MARKSANS

43.85

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43.80

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Rs 41.10

Last updated on 21-Nov-2016

We recommend REDUCE on the stock on account of expected reduction in its sales growth and margins. Also UK MHRA has issued warning letter for Goa plant which is a big concern for the company. We target stock to trade at a P/E of 32.7x in FY17E. (Target Price: Rs.38)
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50 DMA (.)
49.40
100 DMA (.)
47.22
200 DMA (.)
46.69
Weekly Range (.)
43.00
46.50
Monthly Range (.)
37.60
50.90
52 Weeks Range (.)
33.50
113.90
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