At the current market price of 1008, Divi's Lab is providing a golden opportunity of buying this stock at a throw away prices though with SIP like approach. A totally debt free company with good dividend payout and massive and rising reserves of Rs.3535 crore again small equity capital of 26 crore. Known for its brand name in the
World of Pharma, it is having decent market exposure with EPS of 38 and much lower price to earning at 26 against the industry average of 32.
We should remember that Divi's has the profit generating efficiency level (ROE) of around 30 in last reported results besides it is retaining profit for further growth and at the same time paying the share holders very handsomely.
One should buy this stock for the target of Rs 1200 in good market conditions ; at almost its 52 week high.
Invest n Enjoy !!