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Published on: 2024-12-23 00:42:30 Published on: 2024-12-23 00:42:30

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Investments in manufacturing infrastructure, including peptide APIs and injectables, analysts believe, will further strengthen Dr Reddy’s position in these high-demand areas.To reflect the company’s potential for long-term growth, Nomura raised its valuation multiple from 27.5x to 32.5x, resulting in a new target price of Rs 1,500.

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