Cipla Management Meet Update - Near Term Growth Drivers Remain Intact: Nirmal Bang
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Nirmal Bang Report
We recently had an interaction with Cipla Ltd.'s management to understand the business as it stands in an evolving market environment.
The key takeaways being that the company continues to proactively pursue opportunities to address the Covid-19 pandemic and simultaneously invest in structural growth.
The near term growth drivers remain intact and should help the company ensure growth over the next two years.
In FY22, the domestic market should be important for growth while in FY23, the U.S. market should be the dominant growth driver.
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