Shares of Dr Reddy’s Laboratories climbed by over a percent in morning trade on December 18 after the foreign brokerage firm Credit Suisse maintained an outperform call on the stock. Credit Suisse has set the target price at Rs 3,055 per share of Dr Reddy’s Laboratories.
"Revlimid Litigation is delayed and the trial is now expected to begin in Q2FY21. Revlimid is a large opportunity as it could add more than $500 million net present value even in the worst case," said Credit Suisse.
"Revlimid Litigation is delayed and the trial is now expected to begin in Q2FY21. Revlimid is a large opportunity as it could add more than $500 million net present value even in the worst case," said Credit Suisse.
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