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Sterling Biotech has a target of Rs 90: Bhanushali

Sterling Biotech has a target of Rs 90, says Keval Bhanushali of Keynote Capital

July 13, 2011 / 14:47 IST
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Sterling Biotech has a target of Rs 90, says Keval Bhanushali of Keynote Capital

Bhanushali told CNBC-TV18, "Sterling Biotech has a target of Rs 90. The stock has seen some downside in past few days and I expect the stock to gain some momentum in the positive trend of the market and see some pullback. It is trading at reasonably good price earning multiple of 17, so I expect the stock to move up to higher levels in the future."

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first published: Jul 13, 2011 12:21 pm

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