Pharma Stock in Motilal Oswal's Portfolio Pick Delivers 155% Profit CAGR in 3 Years
India, July 12 -- Strong earnings momentum continues to build for this pharmaceutical formulations company, which caters largely to the regulated US market. The latest quarterly numbers show broad-based revenue growth, expanding margins, and a sharp jump in profitability, backed by a three-year compounded profit growth rate of 155%. With a recent domestic acquisition and steady product approvals, the company is positioning itself for the next leg of growth.
Shares of Rubicon Research Limited, with a market capitalization of Rs.23,633 crore, closed at Rs.1,431.4 on Friday. The stock currently trades at a P/E ratio of 114.4.
Motilal Oswal's Recent Pick
According to the brokerage report, Rubicon Research has joined Motilal Oswal's portfol...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.