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Emkay recommends 'buy'’ on Plethico Pharma
Monday, February 25, 2008 economictimes.indiatimes.com
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Stock market
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Emkay Research has recommended ‘buy’ on Plethico Pharmaceutical for a target price of Rs 569. The stock currently trades at 9.9 times 2007-08 earnings estimates at Rs 43.8 and 8.5 times of FY09E at Rs 51.5. It is trading at 8.3 times of FY08E and 6.4 times FY09E EV/EBDITA.
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