Unichem Laboratories Ltd
UNICHEMLAB

265.95

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266.70

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Reco. Price
Rs 275.00
We recommend an ACCUMULATE on the stock on account of revenue growth due to increase in exports. Also new product launches with USFDA approvals will be a trigger for its future growth. We target stock to trade at a P/E of 20x in FY17E. (Target Price: Rs.296)
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50 DMA (.)
268.67
100 DMA (.)
272.30
200 DMA (.)
271.33
Weekly Range (.)
265.45
280.45
Monthly Range (.)
265.45
296.45
52 Weeks Range (.)
192.00
328.00
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