The return of the flu season in India and the US, and COVID-19 in China sparked more investor interest in the sector.
The Aurore deal should help Solara in ramping up CRAMS portfolio, diversifying the API product basket and also aiding backward integration
Sharekhan is bullish on Solara Active Pharma Sciences has recommended buy rating on the stock with a target price of Rs 1730 in its research report dated April 12, 2021.
Sharekhan is bullish on Solara Active Pharma Sciences has recommended buy rating on the stock with a target price of Rs 1700 in its research report dated February 03, 2021.
Sharekhan is bullish on Solara Active Pharma Sciences recommended buy rating on the stock with a target price of Rs 1450 in its research report dated December 08, 2020.
Sharekhan is bullish on Solara Active Pharma Sciences recommended buy rating on the stock with a target price of Rs 1371 in its research report dated October 30, 2020.
Sharekhan is bullish on Solara Active Pharma Sciences recommended buy rating on the stock with a target price of Rs 1371 in its research report dated October 30, 2020.
Solara is on the verge of transforming its business profile. It is looking at utilising cash flows to build project pipeline for CRAMS, investment behind technology platforms and looking for inorganic opportunities
Among the risk factors to track for Solara Active are elevated pledge percentage for promoters which is 51 percent of their shareholdings
The stock rides on many tailwinds: business growth opportunity, innovation pipeline and its strong operating performance