Generic drug approvals and regulatory inspections are important for the increase of price. Expected GMP:72-75 It may take more time for bullish. Long term investors this stock will be useful.
During Fiscal 2016, interim dividend of INR 6,042.00 per equity share on 137,500 equity shares of our Company of face value of INR 10 each, amounting to a total of INR 830.78 million, was declared and paid.
Eagleye, Septa-- If growth of this company is good, Why most of the promoters are selling? When past growth is good, why PE ChrysCapital is exiting 100%? Do they dont have confidence on future growth?
IT is like selling reliance industries and buying DMart both sail in same boat , both shares are good buy every one has money issue how rich , he may be , ie on has to sell one stock to buy other , now what to sell to buy ERIS LIFE SCIENCE is the main question in the minds of every one , but the moment you sell the stock , the stock stats rising , fast , than the new stock
@ 83.1. ARATII What''s on the block is a great company with impressive set of numbers isn''t it? Consistency, enticing ratios, debt free status, it has all the ingredients of a perfect investment receipie. It will be hilariously inappropriate to compare a Chevy with Aston Martin just because they both have trunk, a hood and four wheels. Sell , steal everything and buy this. If Lupin is a car, this is the chariot of all Pharma Cos. Ride it if you want to feel like a ''Queen. ''.*wink*. *wink*
@. 86.5. chitra kamat Hey| of course PE doesnt hold indefinitely. But then what does? Do you know of a thing that can last forever? Come on now,...Even the time would come to a screeching hault someday. Okay... let''s ignore the screeching part but yes nothing, no state, concept can hold true forever. Investing is delicately dangerous,much like the love..One needs to be blindfolded before taking such risks.Would you want to disagree?
What is good for the stock is no fear of US FDA, and its manufacturing base being in Assam too is not a concern. I hope no data fudging or smart accounting practices has been embraced.
What is strange is the view- As per FY 16 data this issue is overpriced but if we annualize the FY 17 data this issue seems a value buy- all thanks to reduced FY 17 expenses. In EV terms too issue looks Expensive. SPT has clearly considered FY 17 Annu. figures to roll out his verdict and thus ignored the older data. Geogit has cautioned retail investors to stay away from this issue.
88. jajo| Link| Bookmark|
June 14, 2017 4:04:32 PM
Top Contributor (300+ Posts, 200+ Likes)
After getting into serious regulatory issues with USFDA, back home Indian Pharma companies are likely to face Indian drug regulator with tightening norms. A news item in Moneycontrol.com reports " Indian drug regulator tightens quality norms, expects more compliance implementation, uniform quality standards has become imperative as the government proposes to implement generics only prescription policy........... Not a rosy picture for only India based companies also.
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