📈 Kotak Upgrades #Mankind Pharma to Buy; Sets ₹3,000 Target on Strong Domestic Growth
👉🏻 Rating: Upgraded to Buy with ₹3,000 target price
👉🏻 Sales: Domestic secondary sales grew 14.6% YoY in July–August
👉🏻 Outperformance: Growth ran ~120 bps ahead of the Indian pharma market
👉🏻 Earnings: Kotak expects ~23% EPS CAGR over FY26–29E
👉🏻 Upside: Target implies ~23% potential upside from recent levels
#MankindPharma #KotakSecurities #Pharma #BrokerageCall
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