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Ideas For Profit | Syngene: High valuation likely to sustain; Use market correction to buy the stock

Syngene International not only reported a steady set of numbers but also guided for a healthy underlying growth outlook. While it continues to be in the investment phase, risks to watch are execution in the field of biologics and pending regulatory approvals. MC Pro suggests using market corrections to accumulate the stock for the long term. Here's why!

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

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Ideas For Profit | Syngene: High valuation likely to sustain; Use market correction to buy the stock