Panacea is not going up just because of 5% cap problem. Once exchange removes the cap, one can see going it up to 300 levels. some funds are not trading this stock intentionally.
the reason is, presently it has recorded pat 10+ crs for Q1 and likely to be at 100 crs for the year. the forex gain is at 50 crs . hence the EPS not including forex gain stands at 15. hence it is quite low at present.
Considering future expectations , EpS will be at 30 and likely to trade at 600.
| NIFTY 
