Vivimed Labs Ltd
VIVIMEDLAB

109.40

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109.50

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Accumulate
Reco. Price
Rs 97.15
We recommend an ACCUMULATE on the stock on account of its strong business outlook on API business. Its CMO business too has seen significant ramp up in key accounts since last three years. We value stock at P/E of 6.4x on FY18E earnings.(Target Price - Rs 105)
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50 DMA (.)
94.81
100 DMA (.)
98.20
200 DMA (.)
88.33
Weekly Range (.)
96.10
109.80
Monthly Range (.)
91.35
109.80
52 Weeks Range (.)
68.00
121.20
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