Buy Cadila Healthcare, target price Rs 550: Motilal Oswal

Motilal Oswal has buy call on Cadila Healthcare with a target price of Rs 550. The current market price of Cadila Healthcare Ltd. is Rs 448.4.

Cadila Healthcare Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 45971.09 Crore) operating in Pharmaceuticals sector.

Financials
For the quarter ended 31-12-2020, the company reported a Consolidated Total Income of Rs 3823.10 Crore, down -.63 % from last quarter Total Income of Rs 3847.50 Crore and up 4.51 % from last year same quarter Total Income of Rs 3658.20 Crore. Company reported net profit after tax of Rs 512.50 Crore in latest quarter.


Promoter/FII Holdings
Promoters held 74.9 per cent stake in the company as of Dec 30, 2020, while FIIs held 5.2 per cent, DIIs 11.9 per cent and public and others 8 per cent.