Buy Dr Reddy's Laboratories, target price Rs 4,250: Suruchi Kapoor

Suruchi Kapoor of Edelweiss Financial Services has a buy call on Dr. Reddy's Laboratories Ltd. with a target price of Rs 4250.0 . The current price of Dr. Reddy's Laboratories Ltd. is Rs 4015.55 Time period given by the analyst is Intra Day when Dr. Reddy's Laboratories Ltd. price can reach defined target. . Suruchi Kapoor recommended to keep a stoploss at Rs 3875 .

Dr. Reddy's Laboratories Ltd., incorporated in 1984, has a market cap of Rs 66727.23 crore.
Dr. Reddy's Laboratories Ltd. key Products/Revenue Segments include Pharmaceuticals which contributed Rs 10466.70 crore to sales value (98.50 per cent of total sales); Licence Fees which contributed Rs 55.90 crore to sales value (0.52 per cent of total sales); Service Income which contributed Rs 50.30 crore to sales value (0.47 per cent of total sales); Spent Chemicals which contributed Rs 35.60 crore to sales value (0.33 per cent of total sales); Scrap which contributed Rs 16.10 crore to sales value (0.15 per cent of total sales) and other operating revenue which contributed Rs 0.90 crore to sales value for the year ending March 31, 2019.


Promoter/FII Holdings

Promoters held 26.76 per cent stake in the company as of fourth quarter (March 31, 2020), while FIIs held 30.04 per cent, DIIs 14.8 per cent and retail investors 28.11 per cent.