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Nectar Life

Dear Friends,

When it comes to small cap pharma related company one can go for Nectar Life with med to long term horizon. With promoters holding the majority stake (at 55%) with debt equity ratio of 0.90%, it is enjoying good price to earning (11 in comparison to 37 with the industry) and it ROE is around 11. Increasing reserves with valuations of constant nature, one can look at this stock for the levels of 90 with 9 to 12 months time horizon.

Those who can hold patience should opt for this stock.

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