Hold Sanofi India, target price Rs 6885: ICICI Direct

ICICI Direct has hold call on Sanofi India Ltd. with a target price of Rs 6885. The current market price of Sanofi India Ltd. is Rs 5911.35. Time period given by analyst is one year when Sanofi India Ltd. price can reach defined target.

Sanofi India Ltd., incorporated in the year 1956, is a Mid Cap company (having a market cap of Rs 13611.10 Crore) operating in Pharmaceuticals sector.

Sanofi India Ltd. key Products/Revenue Segments include Pharmaceutical Products, Sale of services, Other Operating Revenue, Export Incentives and Scrap for the year ending 31-Dec-2021.



Financials
For the quarter ended 30-06-2022, the company reported a Standalone Total Income of Rs 715.00 Crore, down -2.24 % from last quarter Total Income of Rs 731.40 Crore and down -11.31 % from last year same quarter Total Income of Rs 806.20 Crore. Company reported net profit after tax of Rs 120.40 Crore in latest quarter.



Promoter/FII Holdings
Promoters held 60.4 per cent stake in the company as of 30-Jun-2022, while FIIs owned 8.71 per cent, DIIs 18.59 per cent.