Indoco Remedies - 4QFY21 By Mr. Yash Gupta, Angel Broking Ltd
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Below are Quote on Indoco Remedies - 4QFY21 by Mr. Yash Gupta Equity Research Associate, Angel Broking Ltd
Indoco Remedies limited reported a good set of numbers, revenue growth was somewhat muted but we expect the company to do well in the upcoming quarter. On the EBITDA Margin side we have seen significant improvement in margins but we need to keep in mind that the Q4FY20 quarter was hit by the Covid Pandemic. We have a positive outlook for Indoco Remedies limited.
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On the higher side, immediate resistance is seen around 36000 - 36200 levels - Angel One
