BUDGET 2012

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SENSEX	26,087.42	96.19
NIFTY	7,791.40	42.70

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Pharmaceuticals

Biocon Q1 net up 9% to Rs 103 crore Biocon had posted a net profit of Rs 94 crore during the same period of previous fiscal. The total revenue of the compan Strides Arcolab Q1 net rises 12 times to Rs 26.8 cr R&D spends expected to increase significantly: Biocon Glenmark retains FY15 sales target; to launch 8 pdts in US Ranbaxy inks pact with Cipher to sell acne drug in Brazil Sanofi Q2 net up 12.30% at Rs 57.5 crore How new price control list impacts Indian pharma cos

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STOCK RECOMMENDATION

Stock Advice

Buy Dr Reddy's Labs, Indiabulls Housing, HCL Tech: Joshi

Ranbaxy Laboratories may test Rs 610-615: Hemant Thukral

Buy Lupin, says Sudarshan Sukhani

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Broker Reports

Buy Ipca Labs; target of Rs 930: Motilal Oswal

Hold Glenmark Pharma; target of Rs 670: Sharekhan

Buy Glenmark Pharma; target of Rs 725: Religare Capital

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Budget 2012

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