Kotak Institutional Equities has issued a BUY recommendation for Syngene International, targeting a fair value of Rs 825, with the current market price at Rs 646.

Syngene International share price was trading 2 percent higher. The stock touched intraday high of Rs 938.8 by the time of publication of this report.

Syngene stock price dropped after management issued cautious outlook during quarterly results. The company has reduced FY24 guidance due to slowdown in the US biotech segment.

Technical analyst Sudarshan Sukhani has suggested two BUY Calls and two SELL Calls for today’s trading session.

Market analyst Mitesh Thakkar has suggested four BUY Calls and no SELL Call for today’s trading session, indicating a bullish outlook for markets today.

Market expert Varun Dubey has suggested three BUY Calls and one SELL Call for today’s trading session.