Sat, Jul 06, 2013 at 16:12
Q1FY14 Profit (estimates): Rs 14.4 crore
YoY jump (estimates): 39.1%
Target: Rs 78
Rationale: Indoco Remedies is expected to report a top-line growth of 20.8% to Rs 183cr.The OPM is expected to expand by 10bp YoY to 13.8%. As a result, the net profit is expected to increase by 39.1% YoY to Rs 14.4 crore.
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