Unichem Laboratories Ltd
UNICHEMLAB

279.75

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280.05

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Reco. Price
Rs 280.00
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 20.4x in FY17E. (Target Price: Rs.301)
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50 DMA (.)
271.22
100 DMA (.)
268.54
200 DMA (.)
272.74
Weekly Range (.)
278.50
295.20
Monthly Range (.)
246.80
295.20
52 Weeks Range (.)
217.55
328.00
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