Suven Life Sciences Ltd
SUVEN

180.80

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180.30

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Accumulate
Reco. Price
Rs 176.55
We recommend ACCUMULATE on the stock as its management expects revenue to grow 20% from CRAMS business in FY17E. Its strong order pipeline and innovative solutions for drug development are expected to drive top-line. The Stock is trading at 22x on FY18E earnings. (Target Price- Rs.190)
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50 DMA (.)
174.23
100 DMA (.)
174.73
200 DMA (.)
184.19
Weekly Range (.)
180.00
194.10
Monthly Range (.)
165.00
194.40
52 Weeks Range (.)
149.00
227.00
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