Hot Chips - Stock Recommendations For Your Portfolio
11/29/2012 9:00 PM Thursday
DSIJ selects 2 aggressive stocks picks in every issue, with a 7-15 day horizon based upon the bullish trend during that period. For this issue, we are recommending companies from the Healthcare and Engineering sectors.
BSE CODE: 500087 | Volume: 278000 | CMP: Rs 391
Enjoying a leadership position in various therapeutic segments, Cipla is likely to do well going forward. It leads the market in the respiratory, gynaecology, anti-virals and urology segments in the domestic market. The company has reported a good set of numbers for Q2FY13. Its topline witnessed a growth of about 23.86 per cent on a YoY basis, while the net profit grew by a handsome 61.83 per cent. The company targets revenue growth in excess of 15 per cent for the year 2012-13 and is planning to achieve a turnover of USD 5 billion by the year 2020.
The domestic formulations business is expected to grow by around 17-18 per cent in the coming year led by key therapeutic areas including the respiratory, CVS and antibiotics segments. The capex for the year 2012-13 will be around Rs 400-500 crore. It is setting up additional R&D facilities at Vikhroli and Patalganga in Maharashtra, which are likely to commence operations in the present fiscal. One can look at the scrip from a medium-term perspective.
|Last Seven Days Volume Table (No. of Shares)|
|19-Nov-12 ||107370 |
|20-Nov-12 ||58712 |
|21-Nov-12 ||1139473 |
|22-Nov-12 ||297574 |
|23-Nov-12 ||170748 |
|26-Nov-12 ||91446 |
|27-Nov-12 ||278000 |
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