Kilitch Drugs (India) is an extremely bullish pharma counter stock. I had shared my views on MMB and Facebook about this stock around Rs.40 levels. It seems good for higher levels like 68, 80 and 100.
Background for Kilitch Drugs India Ltd.
This is a pharmaceutical company offering services that range from manufacturing to marketing formulations in all dosage forms including parenteral, solid and liquid forms. It has been one of the renowned manufacturers of anti-bacterial parenteral formulations. In India, it also produces host of sterile liquid formulations.
It has added value to many reputed national and multinational pharma companies through quality contract manufacturing service for 25 years. You can access further information about this company at: Kilitch Drugs Official Website
BSE Id for Kilitch Drugs (India) – 524500
NSE Id for Kilitch Drugs (India) – KILITCH
Arvind Bajaj’s views for discussion on Kilitch Drugs (India)
I started sharing my discussions about this stock at 40 levels on MMB as well as Facebook in the last couple of months of 2014. As on 18th January’2015, the last recorded price of Kilitch Drugs stock is Rs 46.45. Once this stock manages to cross Rs.80 on closing basis, it has potential to reach levels of Rs.100 or 120.
My Personal Bullish Expected Levels for Kilitch Drugs (India) – Rs.68, Rs.80, Rs.100 or beyond
NOTE: The above information is purely my personal take / view on Kilitch Drugs (India) based on my analysis. I am not a certified Stock Analyst or Stock Broker or Research Analyst. Readers are advised to perform their own analysis and consult any authorized research analyst or financial advisor before taking their investment decision.