Stock price when the opinion was issued
Thinks this can go a little further, simply because the money flows into India are quite enormous right now. A lot of international money managers are looking for places to go where there is a lot of potential, and with the new president in place, money, is flowing into India. He will probably look at trimming his holdings in order to take a little bit of profit, but will keep it as a core position.
(A Top Pick Jan 23/14. Up 18.37%.) Strictly generic. This was a play on India, and fortunately Mr. Modi won the election and things in India have been quite good since then. There have been some corrections along the way and these stocks tend to have a bit of volatility to them. Still likes this and thinks there are good money flows into India.
Headquartered in India. Labs are in the Britain and India. FDA approved. Anything produced in these labs can be sold in the US. Obama care is going to generics and this is one of the largest generic manufacturers in the world. A lot of their costs are in the Ruby and this has been clobbered in the last couple of months. India is their third biggest market.