Lupin
Lupin is a leading pharmaceutical company in India.
sales of Lupin went up from 2892cr to 3144cr
Profit of Lupin increased from 476cr to 601cr.
US & Eurpoe sales went up by 4%
Share of lupin is currently trading at 1543
At current price Lupin is trading at 27PE which is marginally higher than industry PE & 9.95PBV
We hope to see a short term growth and expect the price of share to reach 1600 in next few months.
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