Manoj Garg of Edelweiss Securities believes it is a balanced policy and will help to reduce prices by about 15-20 percent. In some cases, it might even be lowered by as much as 40-50 percent.
In an interview to CNBC-TV18, Manoj Garg, VP, institutional equities – research of Edelweiss Securities says, one should exit Ranbaxy on rally. “The face value of the stock would be in the vicinity of around Rs 510-520.”
In an interview on CNBC-TV18, Sarabjit Kour Nangra, VP - Research, Angel Broking Ltd and Manoj Garg, Institutional Equities - Research, Edelweiss Securities give a detailed view on how to play select stocks in the pharma sector.