Buy Zydus Wellness, target price Rs 1910: Anand Rathi
Zydus Wellness Ltd. key Products/Revenue Segments include Personal Care and Other Operating Revenue for the year ending 31-Mar-2023.
By ETMarkets.com | Updated:
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Anand Rathi has buy call on Zydus Wellness with a target price of Rs 1910. The current market price of Zydus Wellness Ltd. is Rs 1597.25.
Zydus Wellness Ltd., incorporated in the year 1994, is a Mid Cap company (having a market cap of Rs 10153.46 Crore) operating in FMCG sector.
Zydus Wellness Ltd. key Products/Revenue Segments include Personal Care and Other Operating Revenue for the year ending 31-Mar-2023.
Financials
For the quarter ended 31-12-2023, the company reported a Consolidated Total Income of Rs 406.60 Crore, down -8.42 % from last quarter Total Income of Rs 444.00 Crore and down -2.36 % from last year same quarter Total Income of Rs 416.42 Crore. Company reported net profit after tax of Rs .30 Crore in latest quarter.
Promoters held 69.15 per cent stake in the company as of 31-Dec-2023, while FIIs owned 3.25 per cent, DIIs 19.67 per cent.
Zydus Wellness Ltd., incorporated in the year 1994, is a Mid Cap company (having a market cap of Rs 10153.46 Crore) operating in FMCG sector.
Zydus Wellness Ltd. key Products/Revenue Segments include Personal Care and Other Operating Revenue for the year ending 31-Mar-2023.
Financials
For the quarter ended 31-12-2023, the company reported a Consolidated Total Income of Rs 406.60 Crore, down -8.42 % from last quarter Total Income of Rs 444.00 Crore and down -2.36 % from last year same quarter Total Income of Rs 416.42 Crore. Company reported net profit after tax of Rs .30 Crore in latest quarter.
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Promoter/FII Holdings Promoters held 69.15 per cent stake in the company as of 31-Dec-2023, while FIIs owned 3.25 per cent, DIIs 19.67 per cent.
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