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flag Emcure Pharmaceuticals' stock surged after Kotak upgraded it to "Buy," citing strong growth despite risks.

flag Emcure Pharmaceuticals' stock rose nearly 10% after Kotak Institutional Equities upgraded it to a "Buy" rating, predicting a potential 20.68% upside to Rs 1,680. flag Kotak cited strong growth, healthy margins, and good financial management as positives, but noted risks including drug price-fixing cases and litigation. flag The brokerage expects robust sales and earnings growth over the next few years, especially in international markets like Canada.

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