Mankind Pharma: What to do after descent listing
Mankind Pharma
one of the largest pharma co listed today on bourses at Rs1300 against issue price of 1080
Mankind pharma primarily focus on Indian market as 97% of it's sale is from India.
Makers
of manforce condom has large FMCG portfolio with huge market share.
On next page know about top 5 products of Mankind with market share
India's highest selling condoms 'Manforce' with 30+% market share.
Prega news pregnency test kit with 80% market share &
Unwanted-72 contraceptive pill with 60+% market share
At today's closing price of Rs1422 it trades on 25x FY25 PER, experts are of view that it can give good returns in long term.
Global brokerage Macquarie
initiated coverage with 'outperform rating and target price of 1400.
Know more about Mankind pharma ipo here