Take Solutions Gains 7% After Axis Capital Initiates Buy With Target Rs 136

Axis Capital Expect Company's Revenue And Net Profit To Grow At A CAGR Of 23 Percent And 30 Percent Over FY18-21.

Shares of Take Solutions added 7 percent in the early trade on Thursday as Axis Capital has initiated buy with target price of Rs 136 per share. Axis Capital believes that there is a large addressable market as global life sciences R&D expenditure is growing and huge gamut of opportunity is lying in clinical business.

There is focus on expansion with organic as well as inorganic growth to propel growth. It expect company's revenue and net profit to grow at a CAGR of 23 percent and 30 percent over FY18-21.

At 09:34 hrs Take Solutions was quoting at Rs 144.75, up Rs 6.85, or 4.97 percent on the BSE. The share touched its 52-week high Rs 308.30 and 52-week low Rs 127.65 on 15 June, 2018 and 03 December, 2018, respectively. Currently, it is trading 53 percent below its 52-week high and 13.51 percent above its 52-week low.

Two days free trials and best service packages  for dealing in stock market. Click here >>  Call Put Option Tips or One Missed call on @9644405056