BQ Prime’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Motilal Oswal Report
Cipla Ltd. delivered a beat on Q2 FY23 earnings, led by better traction in the U.S. portfolio and in the domestic formulation vertical (prescription category and trade generics), driving superior profitability.
Cipla remains on track to further extend its launch pipeline of niche products in the U.S. market and maintain its steady outperformance in the DF segment.
We raise our FY23/FY24 earnings per share estimate by 7%/4.5% to factor in:
enhanced prospects of limited competition products,
outperformance in branded generics in the DF market, and
increased operating leverage.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BQ Prime does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BQ Prime.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
RECOMMENDED FOR YOU
![](https://images.assettype.com/bloombergquint/2024-08-28/t8dhuvh1/stock-market-graph-on-tablet-pc-2023-11-27-05-22-22-utc.jpg?rect=0%2C0%2C3500%2C1969&auto=format%2Ccompress&format=webp&w=75)
India's Tablet PC Sales Double To 1.84 Million In Q2; Samsung Clocks 49% Share
![timelogo](/images/amp-time.png)
![](https://images.assettype.com/bloombergquint/2023-01/5ac041af-4725-48e2-9437-791c1fe9fe2c/Staff_working_on_the_laptop___Photo_Unsplash_.jpg?rect=0%2C0%2C3500%2C1969&auto=format%2Ccompress&format=webp&w=75)
L&T Technology 3.0: Re-Engineered GTM Strategy Focuses On Mobility, Sustainability, Tech: Motilal Oswal
![timelogo](/images/amp-time.png)
![](https://images.assettype.com/bloombergquint/2023-08/f913e355-f61b-4384-b717-b86bb4b7a5cf/Raymond_website.jpg?rect=0%2C0%2C3500%2C1969&auto=format%2Ccompress&format=webp&w=75)
Raymond Lifestyle - On A Transformative Journey: Motilal Oswal
![timelogo](/images/amp-time.png)
![](https://images.assettype.com/bloombergquint/2020-08/ced4dc1b-3134-46f5-9b3e-7a81572197a0/Voltas_range_of_products__image_Company_website_.png?rect=0%2C0%2C3500%2C1969&auto=format%2Ccompress&format=webp&w=75)
Voltas - Aims To Retain Market Share, High Single-Digit Margins: Motilal Oswal
![timelogo](/images/amp-time.png)