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Broker Recommends Buy on Emcure Pharma, Sets ₹2,305 Target

Broker Recommends Buy on Emcure Pharma, Sets ₹2,305 Target
Broker’s call: Emcure Pharma (Buy) · thehindubusinessline.com

A broker that studies companies thinks Emcure Pharmaceuticals could perform well.

It has recommended buying the company’s shares.

The broker set a future price target of ₹2,305 per share.

The shares were priced at ₹1,932.80 when the report was prepared.

Emcure sells medicines in India and other countries.

It has businesses in areas such as women’s healthcare, injectable medicines and chronic treatments.

The company also works with global innovators to bring established medicines to markets.

New opportunities include GLP-1 medicines, eye care, skin care and consumer health.

The broker believes Emcure’s varied businesses can support growth.

Its valuation uses an estimated FY28 earnings figure of ₹76.8 per share.

Key facts

Recommendation
Buy
Target price
₹2,305 per share
Reported market price
₹1,932.80 per share
Valuation basis
30 times estimated FY28 earnings per share
Estimated FY28 EPS
₹76.8
Headquarters
Pune, India
Key opportunities
GLP-1, MASH, ophthalmics, dermatology, consumer health and complex generics

Sources

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