Aarti Drugs is a mid sized bulk drug company with a small formulation business. The products are mature molecules with ready market but competitive in nature. Carona virus has improved prospects of such companies as India is now more favoured as an sourcing hub for global importers keen to diversify their purchasing and reducing risk. We have an over weight rating due to cheap valuations, strong management pedigree and good long term prospects due to supply chain disruption – 13-03-2020 Price: 545.25 Rating: Over Weight Recommendation: Buy
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