Mar 29, 2012 01:55 PM IST | Source: CNBC-TV18

Hold Lupin for long term: Devang Mehta

Hold Lupin for long term, says Devang Mehta, Vice President & Head - Equity Sales, Anand Rathi Financial Services.

Hold Lupin for long term, says Devang Mehta, Vice President & Head - Equity Sales, Anand Rathi Financial Services.

Mehta told CNBC-TV18, "Lupin is doing extremely well in the domestic market and branded formulations space. Also its Japanese acquisition is going to contribute around USD 60 million to the revenues from next year onwards. The company is also doing well on the US front, generic front also.

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