FUNDAMENTAL STOCK PICK:NOVARTIS INDIA LTD.cmp is Rs.525, Target is Rs.735
Rational:Novartis has a countrywide presence in the healthcare business with pharmaceuticals contributing 70% to total revenues, generics (8%), consumer healthcare i.e. OTC (14%) and animal health (8%) make up for the rest. Novartis has identified therapeutic segments of Cardiovascular, oncology, Central Nervous System and gynecology as the key growth drivers for the future.Novartis...
