Buy Sun Pharmaceutical, target Rs 475: Sacchitanand Uttekar

Sacchitanand Uttekar of Tradebulls Securities Private Limited has a buy call on Sun Pharmaceutical Industries Ltd. with a target price of Rs 475. The current market price of Sun Pharmaceutical Industries Ltd. is Rs 453.35 Time period given by the analyst is Intra Day when Sun Pharmaceutical Industries Ltd. price can reach the defined target. Sacchitanand Uttekar recommended to keep stoploss at Rs 443.
Sun Pharmaceutical Industries Ltd., incorporated in 1993, is a largecap company with a market cap of Rs 108773.55 crore.

Sun Pharmaceutical Industries Ltd. key Products/Revenue Segments include Pharmaceuticals which contributed Rs 7696.33 Crore to Sales Value (96.83 % of Total Sales) and Other Operating Revenue which contributed Rs 251.27 Crore to Sales Value (3.16 % of Total Sales)for the year ending 31-Mar-2018.


For the quarter ended 30-09-2018, the company has reported a Consolidated sales of Rs 6846.48 Crore, down -4.10 % from last quarter Sales of Rs 7138.83 Crore and up 3.89 % from last year same quarter Sales of Rs 6590.06 Crore Company has reported net profit after tax of Rs -106.97 Crore in latest quarter. The company’s top management includes Mr.Ashwin Dani, Mr.Dilip S Shanghvi, Mr.Gautam Doshi, Mr.Israel Makov, Mr.Kalyanasundaram Subramanian, Mr.Keki M Mistry, Mr.S Mohanchand Dadha, Mr.Sailesh T Desai, Mr.Sudhir V Valia, Mr.Vivek Chaand Sehgal, Ms.Rekha Sethi. Company has S R B C & Co. LLP as its auditoRs As on 30-09-2018, the company has a total of 2,399,324,674 shares outstanding.