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J B Chemicals shares: Buy J B Chemicals & Pharmaceuticals, target price Rs 1,800: Prabhudas Lilladher

JBCPs long term growth drivers remain intact led by 1) geographical expansion of legacy brands 2) improvement in MR productivity 3) scale-up in acquired portfolio 4) launch of new products & therapies 5) rise of contract manufacturing business and 6) improvement in FCF generation.

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JB Chemicals and Pharmaceuticals jumps 6% after strong Q4 numbers

During the March quarter, total revenue stood at Rs 762.3 crore, up 22 percent driven by strong performance and double-digit growth across all segments.

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