Moneycontrol PRO

business

Is the risk reward in Cipla still favourable?

Cipla is poised for good growth going forward but valuations is the only weak link possibly the weak link in Cipla's performance going forward. At around 22-23 times our take is that fresh investments can possibly wait for declines or discount, says Mayuresh Joshi of Angel Broking.

first published: Sep 15, 2014 05:25 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347