By Debdeep Gupta | 17 Dec, 2024
Cipla share rises 2?ter Kotak upgrades to 'buy', sees 19% upside potential
Cipla shares gained over 2 percent on December 17 after Kotak Institutional Equities upgraded the stock to a 'buy' from its previous 'add' rating. The upgrade was driven by factors such as reasonable valuations, a series of upcoming US launches, expectations of domestic recovery, and healthy growth in South Korea.Along with the rating upgrade, Kotak assigned a price target of Rs 1,725 for the stoc...
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