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Indoco Remedies - 1QFY2014 Result Preview - Angel Broking



Posted On : 2013-07-29 22:08:59( TIMEZONE : IST )

Indoco Remedies - 1QFY2014 Result Preview - Angel Broking

Indoco Remedies is expected to report top-line growth of 20.8% to Rs. 183cr.The OPM is expected to expand by 10bps yoy to 13.8%.As a result, net profit is expected to increase by 39.1% yoy to Rs. 14.4cr.

We maintain our buy with a target price of Rs. 78.

Source : Equity Bulls

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