Citi downgrades Lupin to Sell, target cut to ₹2,050

Citi downgrades Lupin to Sell, cutting its target price to ₹2,050. The stock fell 2% on NSE following the downgrade. Citi cited increased competition and margin pressures in key markets as key concerns. The move signals caution for investors amid challenging fundamentals.

📊 STOCKS: $LUPIN | 🏢 SECTOR: Pharma | #MEDIUMIMPACT #BrokerDowngrade