Risk factor
Poor trading liquidity
Profitability factor
Very strong margins and returns
About
Established in 1984 and headquartered in Ahmedabad, India, Concord Biotech Limited operates as a biopharmaceutical enterprise focused on the discovery, development, production, and global commercialization of pharmaceutical goods. A core component of its offerings comprises fermentation-derived active pharmaceutical ingredients (APIs) applied across various critical medical fields. These include immunosuppressive agents (such as tacrolimus, mycophenolate mofetil, mycophenolate sodium, cyclosporine, sirolimus, and pimecrolimus), anti-bacterial compounds (like mupirocin, mupirocin calcium, vancomycin hydrochloride, and teicoplanin), oncology treatments (including temsirolimus, everolimus, romidepsin, mitomycin, midostaurin, and dactinomycin), and antifungal medications (such as anidulafungin, caspofungi, and micafungin sodium). Additionally, the company supplies other specialized APIs like lovastatin and pravastatin sodium. Concord Biotech further augments its services by providing contract research and manufacturing solutions (CRAMS), particularly emphasizing fermentation and semi-synthesis capabilities.
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks. Specifically, the stock is 'expensive' on P/E, overvalued
Target Price
The average target price of CONCORDBIO.BO is 1363 and suggests 3% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recomme