Motilal Oswal has buy call on Ipca Laboratories Ltd. with a target price of Rs 2400. The current market price of Ipca Laboratories Ltd. is Rs 2066.05. Time period given by analyst is one year when Ipca Laboratories Ltd. price can reach defined target. Ipca Laboratories Ltd., incorporated in the year 1949, is a Mid Cap company (having a market cap of Rs 26410.61 Crore) operating in Pharmaceuticals sector. Financials For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 1134.58 Crore, down -20.39 % from last quarter Total Income of Rs 1425.21 Crore and up 4.33 % from last year same quarter Total Income of Rs 1087.49 Crore. Company reported net profit after tax of Rs 163.70 Crore in latest quarter.