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    Buy Sun Pharmaceutical Industries, target Rs 550: Kunal Bothra

    Synopsis

    Buy Sun Pharmaceutical Industries at a price target of Rs 550 and a stop loss at Rs 500 from entry point.

    Independent analyst Kunal Bothra has a buy call on Sun Pharmaceutical Industries with a target price of Rs 550.

    The current market price of Sun Pharmaceutical Industries is Rs 521.

    Time period given by analyst is intraday when Sun Pharmaceutical Industries price can reach defined target.

    Kunal Bothra recommended to keep a stop loss at Rs 500.

    Sun Pharmaceutical Industries, incorporated in the year 1993, is a Large Cap company (having a market cap of Rs 1,25,003.85 Crore) operating in Pharmaceuticals and health care sector.

    Sun Pharmaceutical Industries key Products/Revenue Segments include Formulations which contributed Rs 5,869.69 Crore to Sales Value (75.78 per cent of Total Sales), Bulk Drugs which contributed Rs 1,327.80 Crore to Sales Value (17.14 per cent of Total Sales), Other Operating Revenue which contributed Rs 482.43 Crore to Sales Value (6.22 per cent of Total Sales) and Others which contributed Rs 64.97 Crore to Sales Value (0.83 per cent of Total Sales)for the year ending 31-Mar-2016.

    For the quarter ended 30-06-2017, the company has reported a Consolidated sales of Rs 6,166.66 Crore, down 9.65 per cent from last quarter Sales of Rs 6,825.16 Crore and down 22.98 per cent from last year same quarter Sales of Rs 8,006.68 Crore.

    The company’s top management includes Mr.Ashwin Dani, Mr.Dilip S Shanghvi, Mr.Hasmukh S Shah, Mr.Israel Makov, Mr.Kalyanasundaram Subramanian, Mr.Keki M Mistry, Mr.S Mohanchand Dadha, Mr.Sailesh T Desai, Mr.Sudhir V Valia, Ms.Rekha Sethi.

    Company has Deloitte Haskins & Sells as its auditors.

    As on 31-03-2017, the company has a total of 2,399,291,181 shares outstanding.



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    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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