India's Mankind Pharma up as Motilal Oswal gives Street-high PT
** Mankind Pharma MNKI.NS up 1% at 2,385.65 rupees, top gainer among pharma stocks .NIPHARM
** Motilal Oswal ("buy" rating) raises PT to 2,760 rupees from 2,650 rupees, stays highest among covering brokerages
** Median PT of 12 brokerages is 2,310 rupees, per LSEG data
** Motilal Oswal likes MNKI's efforts to diversify product range, market share gains in chronic therapy prescription drugs and ability to scale brands to as high as 1 bln rupees
** Adds co's superior execution track record of acquisitions provide better long-term visibility on free cash flow generation
** MNKI is among eight of 20 Nifty Pharma stocks rated "buy" or higher - LSEG
** Stock's ~21% YTD gain trails index's ~34% rise
Reporting by Nandan Mandayam in Bengaluru
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