• Buy Cipla; target of Rs 1800: ICICI Securities

    Source: Buzz FX / 29 Jul 2025 02:50:44   America/Los_Angeles


    ICICI Securities's research report on Cipla Cipla reported an in-line Q1FY26 result led by growth across the US and South Africa. Despite price erosion in gRevlimid, it posted a 156bps YoY (+133bps QoQ) surge in gross margin to 68.8%.
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