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admin on 2 de Julho de 2014

We believe Sun Pharma is the best play in pharma space and investors can add this stock in their long term portfolio. At the current market priceof Rs 571 per share (face value: Re 1 per share), the stock trades at a price to earnings of 52times FY18 EPS which seems expensive in the near term after the recent rally. However, considering the long term prospects of the company and expected approvals of its products pipelineafter the USFDA’s clearance of its Halol plant (after nearly 3 years of non compliance), we believe investors will be rewarded in the longer term..

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