Good Efforts, But I think Pharma Theme is also Cyclical, DCF may remain a paper exercise only as almost with same revenue and same capex plan and same growth prospects it was available at 370 to 400 just 16 months ago, now promoter change, US Biosecure Act, Pharma Safety against other less growth sectors of economy, just 25 percent free flot availability as Nirma Type promoter will not loose even one share from his 75% stake are charging the sentiments and like it was available at 70% discount to its DCF value 16 months back it may now remain at 70% premium to its DCF value for some time.
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