External broker reports(aggregated public sources), ICICI Securities Ltd

ICICI Securities Limited

External broker reports(aggregated public sources)

ICICI Securities Ltd

ICICI Securities Limited provides investment services. The Company provides corporate and investment banking, securities, wealth management, retail brokerage, initial public offerings, and advisory services. 

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

Syngene International Ltd / Equity Bottom-Up

<ul><li>Syngene is a contract research, development and manufacturing organisation catering mainly to global innovator pharma\chemical companies </li><li>Syngene serves these players, which outsource some or substantial part of their business in the product development life cycle</li><li>Target Price &amp; Valuation: We value Syngene at Rs 710 i.e. 40x FY24E EPS of |17.8</li></ul><div class="content-highlight"><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></div>

Syngene is a contract research, development and manufacturing organisation catering mainly to global innovator pharma\chemical companies Syngene serves these players, which outsource some or substantial part of their business in the product development life cycleTarget Price &amp; Valuation: We value Syngene at Rs 710 i.e. 40x FY24E EPS of |17.8Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Syngene International Ltd: Guidance Raised on Upbeat Numbers, Outlook