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Ajanta Pharma Q2 Review — Strong Growth Momentum In The US; Systematix Maintains 'Buy'

The brokerage retains its forecasts on Ajanta and maintains Buy with a target price of Rs 3,293 based on 35x FY27E earnings per share.

<div class="paragraphs"><p>Ajanta Pharma's growth is primarily attributed to five new launches made in H2 FY25 and few new launches in this quarter.</p><p>&nbsp;(Source: pexels/Pietro Jeng)</p></div>
Ajanta Pharma's growth is primarily attributed to five new launches made in H2 FY25 and few new launches in this quarter.

 (Source: pexels/Pietro Jeng)

Ajanta Pharma continues to add to its filed force in emerging markets and India which should help it sustain the double-digit growth. New therapies in gynecology and nephrology are gaining traction and are expected to contribute meaningfully to India business.
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