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Ipca Labs on strong growth path: Why this pharma company is stock pick of the week


Ipca Labs on strong growth path: Why this pharma company is stock pick of the week
The stock pick of the week, IPCA Labs
Synopsis
Ipca with its vertical integration, cost advantage and strong export business has been able to manage good set of numbers. Having a strong balance sheet with low debt/equity ratio despite being in an investment phase is another positive for this counter which has made it a favourite of analysts.
Ipca Labs, a mid-sized pharma company continues to report good numbers and its results for the third quarter of 2020-21 were no different. The y-o-y growth on its consolidated revenues and net profit was 16% and 34% respectively. Analysts are getting bullish on this counter now because they feel that Ipca will be able to report better results in the coming years owing to several factors. ....

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