INSUBCONTINENT EXCLUSIVE:
ETMarkets.com|Updated: May 15, 2018, 09.50 AM ISTCentrum Broking has a sell call on Biocon Ltd
with a target price of Rs 500
The current market price of Biocon Ltd
Time period given by the brokerage is a year when Biocon Ltd
price can reach the defined target
Biocon Ltd., incorporated in 1978, is a large-cap pharma company with a market cap of Rs 38049.00 crore.
Investment rational by Centrum
Key risks to our assumptions are pricing pressure in the US market and delays in receiving regulatory approvals for its biosimilar products
We recommend a switch to Aurobindo Pharma or Abbott India.
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BrokingDisclaimer: This recommendation is analyst's own and does not represent those of economictimes.com ETMarkets.com
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