Monday, 18 August 2014

Cipla gains after April-June margins expand sequentially

Cipla gain 1.4 per cent after April-June operating margins beat some estimates. Margins expand sequentially by nearly 4 per centage points to 20 per cent. 

Investors say management maintained revenue guidance of mid-teens growth and 20 per cent margins in FY15 in a conference call. 

management maintained revenue guidance of mid-teens growth and 20 per cent margins in FY15 in a conference call. 

Strong growth in India and better product mix will further aid margins, fund managers add. 

No comments:

Post a Comment