Interested to know if anyone has studied Neuland Labs and has a view on it. Also any research reports on it would be welcome:
Niche API play, with turnaround potential; initiating, with a Buy
We initiate coverage on Neuland Labs with a Buy rating and target price of 21,241, based on 16x FY18e earnings. We are positive about the company due to its pipeline of niche APIs, better revenue mix and the potential of a significant turnaround from the past four stagnant years. The ramp-up in its…
Neuland Labs – Has anyone studied it?
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