Multi bagger Panacea Biotec Ltd. - Research Center Trgt 180 Rs 2yr TIME FRAME.
- This Pharma company has seen its ups and downs.Now that the downs have come to end and the UP's have started,this is our next multbagger.
- There main moto is Innovation and quality.They are one of the key players in providing medicne of Polio erradication in India.
- The Company has Pharma plants in Himachal and Mumbai.
- They have got 2 yrs order from UNICEF for Easyfive vacine which is going to increase there profits many fold.
- Also they have entered in Strategic alliance with US comapnies like,Lremers Urban INC., and OSMOTICA pharmaceuticals which will great give access to company in US morkert.
- Last decemeber quater the comapny has turned into profit and reported a netproifit of 82 crores comapred to loss of 40 Crores last year.
- We see this company now fully recovered and brighter days ahead for this company.
- We recommend with Trgt OF RS 180 in 2 yrs time frame
