GlaxoSmithKline Pharmaceuticals - Multibagger 2 Yrs timeframe 3200 Rs

GlaxoSmithKline Pharmaceuticals - Multibagger 2 Yrs timeframe 3500 Rs

• The company started operations in 1924 in India is one of the oldest pharmaceuticals in the country. Glaxo product are trusted by Doctors and have got thier blessings.
• Thery are very famous amang Infant Foods.The have manufacturing units in Aligar,Worli,Bangalore,Nasik.
• In 1983 the company reduced it states from 75 % to 40%.
•  Globally, Glaxo is a £ 26.4 billion, leading, research-based healthcare and pharmaceutical company.
• In India they do a turnover of 3200 Crore Ruppes whihc contitnue to 4% of ther companys tottal turnover.
• Their India product portfolio includes prescription medicines and vaccine ssuch as anti-infectives, dermatology, gynaecology, diabetes, oncology, cardiovascular disease and respiratory diseases.
• The company is the market leader in most of the therapeutic categories in which it operates.They also offer range of vaccines, for the prevention of hepatitis A, hepatitis B, invasive disease caused by H, influenzae, chickenpox, diphtheria, pertussis, tetanus, rotavirus, cervical cancer, streptococcus pneumonia and others.
• With a huge cash flow and strong growth with Company might increase its stake to 75% in lines of HUL, we recommend to buy this Stock with a Target of 3500 rS IN 2YRS time frame.