Buy Zydus Wellness; target of Rs 1925: ICICI Direct

ICICI Direct’s research report on Zydus Wellness
Zydus Wellness (ZWL) posted 13.4% revenue fall given manufacturing, supply chain operations were disrupted in April. However, with manufacturing, supply chain stabilising, June saw double digit growth. Everyuth, Nutralite were impacted most as demand conditions were muted due to lack of out of home activities. Nutralite derives 75% sales from HoReCa segment. Sugarfree saw robust sales growth with increasing health caution. Glucon D, which was imp…

Click here to view the original article.