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Hold Sun Pharma; target of Rs 525: Sharekhan

December 06
09:25 2018

Sharekhan’s research report on Sun Pharma

Sun Pharma continues to remain surrounded by issues, the recent one being a whistle blower case filed with SEBI. Related party structure raises concerns among investors.

Outlook

We downgrade our recommendation to Hold with downward revised PT of Rs. 525.

For all recommendations report, click here

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