Cipla shares rise over 2% as Kotak forecasts better days ahead, upgrades rating to ‘buy’

Cipla shares rose by 2.4% to Rs 1,483.40 on Tuesday after Kotak Institutional Equities upgraded the stock from “add” to “buy,” with a target price of Rs 1,725. This suggests a potential upside of over 16% from the current levels.

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