Buy Aurobindo Pharma, target price Rs 935: Emkay Global

Aurobindo Pharma Ltd., incorporated in the year 1986, is a Large Cap company (having a market cap of Rs 43927.82 Crore) operating in Pharmaceuticals sector.

By ETMarkets.com | Updated: Sep 07, 2021, 10.27 AM IST

Promoters held 51.8 per cent stake in the company as of June 30, 2021, while FIIs held 23.7 per cent, DIIs 14.7 per cent and public and others 9.8 per cent.

Emkay Global has buy call on Aurobindo Pharma with a target price of Rs 935. The current market price of Aurobindo Pharma is Rs 746.55.

Time period given by analyst is one year when Aurobindo Pharma Ltd. price can reach defined target. Aurobindo Pharma Ltd., incorporated in the year 1986, is a Large Cap company (having a market cap of Rs 43927.82 Crore) operating in Pharmaceuticals sector.

Financials
For the quarter ended 30-06-2021, the company reported a Consolidated Total Income of Rs 5783.29 Crore, down -4.87 % from last quarter Total Income of Rs 6079.60 Crore and down -4.26 % from last year same quarter Total Income of Rs 6040.37 Crore. Company reported net profit after tax of Rs 778.97 Crore in latest quarter.

Promoter/FII Holdings
Promoters held 51.8 per cent stake in the company as of June 30, 2021, while FIIs held 23.7 per cent, DIIs 14.7 per cent and public and others 9.8 per cent.

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