Buy Cadila Healthcare, target Rs 480.0 : Dr CK Narayan

Dr CK Narayan of Chart Advise has a buy call on Cadila Healthcare Ltd. with a target price of Rs 480.0 .The current market price of Cadila Healthcare Ltd. is 466.0 Time period given by analyst is Intra Day when Cadila Healthcare Ltd. price can reach defined target. Dr CK Narayan maintains stop loss at Rs 460.

Cadila Healthcare Ltd., incorporated in the year 1995, is a largecap company (having a market cap of ₹ 47706.41 Cr.) operating in Pharmaceuticals and health care sector.

Cadila Healthcare Ltd. key Products/Revenue Segments include Tablets which contributed ₹ 3368.10 Cr to Sales Value (47.22 % of Total Sales), Capsules which contributed ₹ 1349.30 Cr to Sales Value (18.91 % of Total Sales), Others which contributed ₹ 915.10 Cr to Sales Value (12.83 % of Total Sales), Injections which contributed ₹ 500.60 Cr to Sales Value (7.01 % of Total Sales), Other Operating Revenue which contributed ₹ 456.50 Cr to Sales Value (6.40 % of Total Sales), Bulk Drugs which contributed ₹ 399.80 Cr to Sales Value (5.60 % of Total Sales), Export Incentives which contributed ₹ 122.00 Cr to Sales Value (1.71 % of Total Sales), Royalty Income which contributed ₹ 17.60 Cr to Sales Value (0.24 % of Total Sales), Licence which contributed ₹ 2.70 Cr to Sales Value (0.03 % of Total Sales)for the year ending 31-Mar-2016.

For the quarter ended 31-12-2016, the company has reported a Consolidated sales of ₹ 2249.60 Cr., down -3.71% from last quarter Sales of ₹ 2336.30 Cr. and down -.81% from last year same quarter Sales of ₹ 2267.90 Cr. Company has reported net profit after tax of ₹ 274.00 Cr. in latest quarter. The company’s CEO is Mr.Pankaj R Patel. It's Board of Directors include Mr.Pankaj R Patel, Mr.Upen H Shah, Ms.Dharmishta N Rawal, Mr.Nitin D Parekh, Mr.Upen H Shah, Dr.Sharvil P Patel, Mr.Apurva S Diwanji, Mr.Humayun Dhanrajgir, Mr.Mukesh M Patel, Mr.Nitin Raojibhai Desai. Company has its registered office at "Zydus Tower",, Satellite Cross Roads,, Sarkhej Gandhinagar Highway, Ahmedabad, 380015, Gujarat. Company has Mukesh M Shah & Co. as its auditors. As on 31-03-2017, the company has a total of 1,023,742,600 shares outstanding.