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⢠Sharekhan has recommended a buy rating on Zydus Lifesciences with a target price of Rs. 687.
⢠In Q2FY24, the company saw a mixed bag of results with an 8% y-o-y increase in revenue but a 15% q-o-q decline due to lower US sales.
⢠Despite this, the company maintained its guidance of double-digit growth in the US and in-line performance in India for FY24E.