Add Zydus Wellness, target price Rs 2,000: ICICI Securities
add call on Zydus Wellness, with a target price of Rs 2000. The current market price of Zydus Wellness is Rs 1779. Zydus Wellness, incorporated in 1994, is a Mid Cap company with a market cap of Rs 11363.43 crore, operating in FMCG sector.
Zydus Wellness' key products/revenue segments include Food Products and Other Operating Revenue for the year ending 31-Mar-2024.
Financials For the quarter ended 31-12-2024, the company has reported a Consolidated Total Income of Rs 465.70 crore, down -6.28% from last quarter Total Income of Rs 496.90 crore and up 14.54% from last year same quarter Total Income of Rs 406.60 crore. The company has reported net profit after tax of Rs 6.40 crore in the latest quarter.
The company's top management includes Dr.Sharvil P Patel, Mr.Tarun G Arora, Mr.Kulin S Lalbhai, Mr.Ganesh N Nayak, Mr.Akhil A Monappa, Mr.Srivishnu Raju Nandyala, Ms.Dharmishtaben N Raval, Mr.Ashish P Bhargava. Company has Dhirubhai Shah & Co. LLP as its auditors. As on 31-12-2024, the company has a total of 6 crore shares outstanding.
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