Recommendation: Add; Target Price: Rs 910
Recommendation: Add; Target Price: Rs 2820
Backed by increased capital allocation towards capex, expanding distribution and most importantly fast track R&D, Blue Star management is targeting faster-than-market growth for all existing product offerings.
Sanofi India’s CY22 Annual Report (AR) reiterated the company’s four-pronged India-For-India strategy, to help accelerate growth in domestic market.
Recommendation: Add; Target Price: Rs 5200
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