Buy Dr. Reddy's Laboratories, target price Rs 6500: Prabhudas Lilladher
Dr. Reddy's Laboratories with a target price of Rs 6500. The current market price of Dr. Reddy's Laboratories Ltd. is Rs 6429.85.
Dr. Reddy's Laboratories Ltd., incorporated in the year 1984, is a Large Cap company (having a market cap of Rs 106802.89 Crore) operating in Pharmaceuticals sector.
Dr. Reddy's Laboratories Ltd. key Products/Revenue Segments include Pharmaceuticals, Licence Fees, Other Operating Revenue, Spent Chemicals, Service Income and Scrap for the year ending 31-Mar-2022.
Financials For the quarter ended 31-03-2024, the company reported a Consolidated Total Income of Rs 7311.30 Crore, down -1.90 % from last quarter Total Income of Rs 7453.00 Crore and up 13.29 % from last year same quarter Total Income of Rs 6453.70 Crore. Company reported net profit after tax of Rs 1306.30 Crore in latest quarter.
Promoter/FII Holdings Promoters held 26.65 per cent stake in the company as of 31-Mar-2024, while FIIs owned 29.13 per cent, DIIs 18.24 per cent.
(You can now subscribe to our ETMarkets WhatsApp channel)
Read more on economictimes.indiatimes.com
