Suven Life Sciences Ltd
SUVEN

169.05

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168.40

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Accumulate
Reco. Price
Rs 168.00
We recommend an 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 trades 20.9x FY18E earnings. (Target Price- Rs.182)
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50 DMA (.)
173.69
100 DMA (.)
174.71
200 DMA (.)
187.35
Weekly Range (.)
164.10
169.50
Monthly Range (.)
164.10
176.00
52 Weeks Range (.)
149.00
227.00
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