Neutral Lupin Ltd For Target Rs.1,117 - Sushil Finance
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We had released our initiating coverage report on Lupin Ltd. with a Buy rating on 13th November 2020 at Rs.899. Since our initiating report, the stock has posted a high of Rs.1,166 today and has achieved our target price of Rs.1,117.
With the recent run-up in the share price, our Target Price for the stock is achieved; hence, we are now changing our rating on the stock to Neutral and recommend our investors to book profits at the current price.
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