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Shilpa Medicare Gets 'Buy' Rating As Systematix Initiates Coverage, Sets Target Price Of Rs 857

The brokerage believe Shilpa Medicare’s differentiated / CRAMS portfolio would help the company to deliver high-teen revenue growth and disproportionate profit expansion.

<div class="paragraphs"><p>Shilpa Medicare’s recent history of successful approvals validate its capabilities in successfully executing and manufacturing difficult-to-develop and complex products</p><p> (image company website)</p></div>
Shilpa Medicare’s recent history of successful approvals validate its capabilities in successfully executing and manufacturing difficult-to-develop and complex products

(image company website)

Shilpa Medicare is an research and development-driven formulation and active pharma ingredient-manufacturing company that focuses on complex /differentiated opportunities. Shilpa Medicare has built multiple R&D /manufacturing platforms that provide it access to large growing markets – biosimilars, peptides, ready to use injectables, orally dissolvable films, transdermal patches, and high-potency APIs.
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