NOVARTIS INDIA LTD.. (Bse code- 500672)
Originally a sound Pharma Company...will be having an expanded revenue model with its announcement in its eye care division. Alcon has entered into an agreement with a division of Google Inc to in-license its "smart lens" technology for all ocular medical uses. A major Boost will be seen in their revenues from their next Quarter and followed after that with a great profitability. We Recommend A BUY for this company at current market price of Rs 675-680 with a FOUR DIGIT target next year.
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