Tuesday, February 03, 2015

Lupin registered 26% growth in Profit

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.

No comments:

Post a Comment