×
Home Companies Industry Politics Money Opinion LoungeMultimedia Science Education Sports TechnologyConsumerSpecialsMint on Sunday
×

BRICS Securities puts BUY on Piramal Healthcare

BRICS Securities puts BUY on Piramal Healthcare
Comment E-mail Print Share
First Published: Thu, Apr 09 2009. 09 31 AM IST

Updated: Thu, Apr 09 2009. 09 31 AM IST
Piramal Healthcare’s (PHL) move to close down its API contract manufacturing facility at Huddersfield, UK is long-term positive.
While we expect the development to hurt FY10E revenue by 4% or Rs1.6bn, it would lead to higher operating margin in the long term.
We maintain a BUY recommendation with a revised price target of Rs273/share.
Click here to read a detailed report
Comment E-mail Print Share
First Published: Thu, Apr 09 2009. 09 31 AM IST
More Topics: Stock Ideas | Money Matters | Equities |