In today’s briefing:
- Indoco Remedies: Mixed Q3; Pick-Up in Exports Key Trigger
Indoco Remedies: Mixed Q3; Pick-Up in Exports Key Trigger
- Indoco manufactures and markets branded formulations and APIs for the domestic and export markets
- In domestic formulations, through its nine marketing divisions, the company serves a range of specialties
- Target Price and Valuation: We value Indoco Remedies at Rs 510 i.e. 18x P/E on FY24E EPS of Rs 28.3
Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.
Before it’s here, it’s on Smartkarma