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Analyst Nikhil Bhatt is bullish on Medico Remedies and has recommended buy rating on the stock with a target price of Rs 120 in his research report dated April 7, 2023.

Nikhil bhattMedico remedies ltdMedico remediesAnalyst nikhil bhattRemedies ltdBeta lactam formulationsNet cashImproving net cash flowAnnual net profitsPositive breakoutFirst resistanceAnnual net profitInterest coverage ratio