Why Lupin shares downgraded to 'Hold' despite robust Q4 PAT growth | Target price | Collector
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Why Lupin shares downgraded to 'Hold' despite robust Q4 PAT growth | Target price
The brokerage noted Lupin's gross margin was 75.2 per cent while EBITDA margins hit 29 per cent on the back of a superior US product mix and strong performance in emerging markets.