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Newly listed stock has 27% upside potential! JM Financial issues buy call; Check target price and key triggers

Mint ·First reported
MintNewly listed stock has 27% upside potential! JM Financial issues buy call; Check target price and key triggers
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JM Financial initiated coverage of Symbiotec Pharmalab with a Buy rating and a ₹1,622 target price, implying about 27% upside. It expects new capacity, CDMO and complex injectable growth to lift revenue, EBITDA and profit through FY29.

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