Caplin Point Laboratories MULTIBAGGER TRGT - 150 Rs 2yrs TimeFrame.
- Started in 1990 with focus on Oinments,Creams and external application pharmaceutical formulations,
- 1994 the company become public.The stock was oversubscribed 117 times the records it holds till today in pharma industry.
- It has builed 51000 sqft state of art factory in Pondichery.
- With Aqusitions and merger of May laborotories and Manlind Labarotories Pvt Ltd the company has increased its capacity.
- Company is also Constructing a Facility to meet US FDA, UK MHRA compliance which will allow the company to export.
- Company is focusing various markets in South America and West Africa.
- With Low Debt and attractive Market PE of 9 we see the stock become Multibagger in Days to come with Minimum target of Rs 150 in 2yrs time frame.
