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Showing posts with label IPCA Labs. Show all posts
Showing posts with label IPCA Labs. Show all posts

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IPCA Labs


Investments can be considered in the stock of IPCA Laboratories as the company has a stronghold in the domestic formulations business and may see higher exports on regulatory approval of its new facility. At the current market price of Rs 332, the stock trades at about 14 times its likely FY-12 per share earnings. This is at a discount to its larger peers. The stock's valuation could improve in the next couple of years as the company puts in sustained improvement in performance. The stock, therefore, makes a good bet for the long term.