Buy Sun Pharma Advanced Research, target price Rs 172: Jay Thakkar

Jay Thakkar of Anand Rathi has buy call on Sun Pharma Advanced Research Company Ltd. with a target price of Rs 172.0 . The current market price of Sun Pharma Advanced Research Company Ltd. is Rs 158.55 Jay Thakkar recommended to keep stoploss at Rs 149
Sun Pharma Advanced Research Company Ltd., incorporated in the year 2006, is a Mid Cap company (having a market cap of Rs 4119.39 Crore) operating in Pharmaceuticals sector.

Sun Pharma Advanced Research Company Ltd. key Products/Revenue Segments include Sale of services which contributed Rs 182.87 Crore to Sales Value (100.00 % of Total Sales)for the year ending 31-Mar-2019.


For the quarter ended 30-09-2019, the company has reported a Standalone sales of Rs 17.19 Crore, down -.75 % from last quarter Sales of Rs 17.32 Crore and down -71.98 % from last year same quarter Sales of Rs 61.35 Crore Company has reported net profit after tax of Rs -63.16 Crore in latest quarter. The company’s top management includes Dr.Ferzaan Engineer, Dr.T Rajamannar, Mr.Dilip S Shanghvi, Mr.Mark Simon, Mr.Sudhir V Valia, Ms.Bhavna Doshi. Company has S R B C & Co. LLP as its auditoRs As on 30-06-2019, the company has a total of 262,047,506 shares outstanding.