Buy Albert David, price target Rs 570: Kunal Bothra

Kunal Bothra has a buy call on Albert David Ltd. with a target price of Rs 570.0 . The current price of Albert David Ltd. is Rs 555.85 . Kunal Bothra recommended to keep a stoploss at Rs 512 .

Albert David Ltd., incorporated in the year 1938, is a Small Cap company (having a market cap of Rs 300.57 Crore) operating in Pharmaceuticals sector.

Albert David Ltd. key Products/Revenue Segments include Pharmaceuticals which contributed Rs 287.11 Crore to Sales Value (99.34 % of Total Sales), Other Operating Revenue which contributed Rs 1.50 Crore to Sales Value (0.51 % of Total Sales), Export Incentives which contributed Rs .39 Crore to Sales Value (0.13 % of Total Sales)for the year ending 31-Mar-2018.


For the quarter ended 30-09-2019, the company has reported a Standalone sales of Rs 89.61 Crore, down -2.19 % from last quarter Sales of Rs 91.62 Crore and up 15.11 % from last year same quarter Sales of Rs 77.85 Crore Company has reported net profit after tax of Rs 7.92 Crore in latest quarter.

The company’s top management includes Dr.A K Bhattacharya, Dr.K Lahiri, Mr.A K Kothari, Mr.A Sarkar, Mr.H Kampani, Mr.H P Kabra, Mr.R Singhi, Mrs.P D Kothari. Company has Basu Chanchani & Deb as its auditors As on 31-12-2019, the company has a total of 5,707,162 shares outstanding.