Cipla - 4QFY2013 Result Preview - Angel Broking

Cipla is expected to post a growth in net sales by 13.4% to Rs. 2,057cr. On the operating front, the OPM (excluding technical know-how fees) is expected to come in at 25.3%, up by 620bp over the corresponding period of last year. This will aid the net profit to increase by 31.7% yoy to Rs. 384cr.

We maintain our buy with a target of 463.

Source : Equity Bulls

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