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Cipla shares jump 4% as Citi puts stock on 90-day catalyst watch. What's driving the optimism?
Cipla's stock surged following Citi's 'Buy' rating and a 90-day Positive Catalyst Watch. The brokerage anticipates growth from potential US approvals like gFlovent and gVentolin, alongside a rebound in its US business. Domestically, Cipla's performance remains strong, supported by its respiratory portfolio. Citi sees earnings bottoming out and highlights attractive valuations for the Indian market.
Raccontata da
economictimes.indiatimes.com
Timeline cronologica
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Sell or Hold: Citi maintains buy on Cipla; Motilal Oswal recommends buy on RIL post AGM
Brokerages remain bullish on Cipla and Reliance Industries, citing strong growth drivers and attractive valuations. Citi highlights regulatory catalysts and respiratory recovery…
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Cipla shares jump 4% as Citi puts stock on 90-day catalyst watch. What's driving the optimism?
Cipla's stock surged following Citi's 'Buy' rating and a 90-day Positive Catalyst Watch. The brokerage anticipates growth from potential US approvals like gFlovent and gVentolin,…