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Lupin share falls 2%; Citi downgrades to Sell, cuts target price to Rs 2,050

Lupin shares fell after Citi downgraded the stock to Sell and cut its target price to Rs 2,050. The brokerage expects weaker US base-business sales, margin pressure and limited benefits from new products. Citi also reduced FY27 EPS estimates by 14%. Lupins technical indicators remain bearish despite its oversold RSI reading.

27 Aug 2026 11:11 am