Weekly Fundamental Podcast With Rini Mehta | 26th June 2023

Highlights of 26th June Fundamental Weekly Podcast:- Sensex-30 index achieved a new lifetime high. - BSE Midcap and BSE Smallcap indices declined by ~0.5-1%.- BSE Commodities and BSE FMGC indices was down by~2-3% while BSE IT index was flat.- Flls continue to be a net buyer to the tune of Rs. 6888 crores, to date in June'23.- Global equity markets witnessed weakness over the past week, but Indian markets bucked the trend.- PICK OF THE WEEK – Sun Pharma TARGET - Rs 1150- SUNP'sFY2024 sales guidance of high single-digit growth is conservative.- Despite elevated R&D, we build in a 200 bps EBITDA margin expansion over FY2023-26E, led by improving profitability in specialty and better domestic productivity. We stay positive on SUNP.#KotakSecurities #WeeklyFundamentalInsights #WeeklyOutlook #StockMarket #StockMarketIndia #Stocks #Trading #Investing #SunPharma