Research Report

Mid Cap
09 Feb 2012, 04:46 PM
Sun Pharmaceutical Inds. Ltd.
CLSA
BUY
LONG TERM
Price when Post
542.75
Target Price
565
Return
4.0995%
CLSA's call on Sun Pharma: outperform

Valuations towards higher end. Trading at higher end of its PE (price earnings) band. See risks to earnings growth at Taro. Risk to earnings could come from a potential increase in tax rate.

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