tirthankshah_99
Par 100 posts (V.I.P)
LUPIN
Present Price - Rs.1096
Projected Price - Rs.1350 plus
Lupin which has excellent reverse engineering skills both for synthetic chemistry as well as fermentation in the past two years has shifted its entire focus to regulated markets. At every stage the company has moved up the value chain resulting in better margins. All the medium and long term growth drivers of the company are intact and FY07 results are expected to give positive surprises to the market. Lupin continues to expand to newer geographies that include CIS and Japan. The company is now at the inflection point of entering into a different growth trajectory. On the technical front, in the adjacent weekly chart one can notice that the stock has broken out of a bullish pattern and a strong upmove is on the cards. Long term investors can expect higher returns.
Present Price - Rs.1096
Projected Price - Rs.1350 plus
Lupin which has excellent reverse engineering skills both for synthetic chemistry as well as fermentation in the past two years has shifted its entire focus to regulated markets. At every stage the company has moved up the value chain resulting in better margins. All the medium and long term growth drivers of the company are intact and FY07 results are expected to give positive surprises to the market. Lupin continues to expand to newer geographies that include CIS and Japan. The company is now at the inflection point of entering into a different growth trajectory. On the technical front, in the adjacent weekly chart one can notice that the stock has broken out of a bullish pattern and a strong upmove is on the cards. Long term investors can expect higher returns.