Buy Torrent Pharmaceuticals, target Rs 1335.0 : Dr CK Narayan

CK Narayan of Chart Advise has a buy call on Torrent Pharmaceuticals Ltd. with a target price of Rs 1335. The current market price of Torrent Pharmaceuticals Ltd. is 1316.65.Time period given by analyst is Intra Day when Torrent Pharmaceuticals Ltd. price can reach defined target. CK Narayan recommended to keep stoploss at Rs 1305
Torrent Pharmaceuticals Ltd., incorporated in the year 1972, is a Large Cap company (having a market cap of ₹ 22280.87 Cr.) operating in Pharmaceuticals and health care sector.

For the quarter ended 30-06-2017, the company has reported a Consolidated sales of ₹ 1348.00 Cr., down -2.39 from last quarter Sales of ₹ 1381.00 Cr. and down -10.55 from last year same quarter Sales of ₹ 1507.00 Cr. Company has reported net profit after tax of ₹ 188.00 Cr. in latest quarter.
The company’s top management includes Dr.Chaitanya Dutt, Mr.Haigreve Khaitan, Mr.Markand Bhatt, Mr.Pradeep Bhargava, Mr.Samir Mehta, Mr.Shailesh Haribhakti, Mr.Sudhir Mehta, Mrs.Renu Challu.