Buy Ajanta Pharma, target Rs 1,560: Kunal Bothra

Independent analyst Kunal Bothra has a buy call on Ajanta Pharma with a target price of Rs 1,560.

The current market price of Ajanta Pharma is Rs 1,495.45.

Time period given by the analyst is 'Intra Day' when Ajanta Pharma price can reach defined target.

Kunal Bothra recommended to keep a stop loss at Rs 1,465.

Ajanta Pharma, incorporated in the year 1979, is a Large Cap company (having a market cap of Rs 13,162.13 Crore) operating in Pharmaceuticals and health care sector.

Ajanta Pharma key Products/Revenue Segments include Pharmaceutical Products which contributed Rs 1,753.68 Crore to Sales Value (96.21 per cent of Total Sales), Export Incentives which contributed Rs 66.83 Crore to Sales Value (3.66 per cent of Total Sales) and Other Operating Revenue which contributed Rs 2.20 Crore to Sales Value (0.12 per cent of Total Sales)for the year ending 31-Mar-2017.