8/30/2023 0 Comments Brokerage of icici direct![]() understands that your privacy is important to you and we are committed for being transparent about the technologies we use. Check Business Breaking News Live on Zee Business Twitter and Facebook. Get Latest Business News, Stock Market Updates and Videos Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. The counter in the last one year has corrected by over 30 per cent, while over 7.5 per cent in the last five sessions on the NSE. ![]() The company's progress on the Kakinada greenfield project is also one of the main triggers as the project planned outlay at Rs 1000-2000 crore.ĭivi’s Lab stock was top loser on Nifty index, it declined around 9 per cent to Rs 3,419 per share on the NSE, as compared to nearly 0.5 per cent rise in the Nifty index. The company has been building capacity in a few more niche APIs (Active Pharmaceutical Ingredient) as per the evolving demand scenario in the backdrop of ‘China plus one’ opportunities and upcoming opportunity size of around US$20 billion in molecules going off-patent over FY23-25 The domestic brokerage set a target price Rs 3685 per share, implying an upside of 8 per cent, and valued the stock at 38x FY24E EPS of Rs 96.9.
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