Multibagger pharma stock rises 400% in 5 years. Prabhudas Lilladher sees strong upside
Multibagger stock: Prabhudas Lilladher believes that the pharma stock may go up to ₹4,140 from current ₹3,460 levels
Divi's Laboratories shares are one of the multibagger stocks delivered by the Indian stock market in last few years. Despite this pharma stock remaining under the sell-off heat for last one year, this multibagger stock has given around 400 per cent return to its shareholders in last 5 years. In this time, the stock has risen from around ₹700 to ₹3,460 apiece levels. However, this multibagger pharma stock has remained sideways for the last three months and Prabhudas Lilladher believes that the stock may go up to ₹4,140 levels in long term, delivering around 20 per cent return to its investors.
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