Marksans Pharma Ltd
MARKSANS

39.75

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39.70

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Rs 41.00

Last updated on 05-Jan-2017

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 32.6x in FY17E. (Target Price: Rs.38)
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50 DMA (.)
42.14
100 DMA (.)
45.61
200 DMA (.)
45.95
Weekly Range (.)
39.50
40.65
Monthly Range (.)
38.80
43.25
52 Weeks Range (.)
33.50
68.85
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