Buy Dishman Carbogen Amcis, target price Rs 230: Yes Securities

Yes Securities has buy call on Dishman Carbogen Amcis with a target price of Rs 230. The current market price of Dishman Carbogen Amcis is Rs 209.75. Time period given by analyst is Intra Day when Dishman Carbogen Amcis Ltd. price can reach defined target.

Dishman Carbogen Amcis Ltd., incorporated in the year 2007, is a Small Cap company (having a market cap of Rs 3280.69 Crore) operating in Pharmaceuticals sector.

Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 535.27 Crore, up 12.10 % from last quarter Total Income of Rs 477.51 Crore and up .37 % from last year same quarter Total Income of Rs 533.31 Crore. Company reported net profit after tax of Rs -135.02 Crore in latest quarter.

Investment Rationale
The recent corrective movement seems to be in a mature phase. Any positive follow-up action could resume the prevailing uptrend.