Buy Sun Pharma, target price Rs 1710: Prabhudas Lilladher
Sun Pharmaceutical Industries with a target price of Rs 1710. The current market price of Sun Pharmaceutical Industries is Rs 1540.3. Sun Pharmaceutical Industries Ltd., incorporated in the year 1993, is a Large Cap company (having a market cap of Rs 369329.63 Crore) operating in Pharmaceuticals sector.
Sun Pharmaceutical Industries Ltd. key Products/Revenue Segments include Pharmaceuticals and Other Operating Revenue for the year ending 31-Mar-2023.
Financials For the quarter ended 31-03-2024, the company reported a Consolidated Total Income of Rs 12588.84 Crore, down -.33 % from last quarter Total Income of Rs 12630.90 Crore and up 11.37 % from last year same quarter Total Income of Rs 11303.95 Crore. Company reported net profit after tax of Rs 2666.59 Crore in latest quarter.
Promoter/FII Holdings Promoters held 54.48 per cent stake in the company as of 31-Mar-2024, while FIIs owned 17.72 per cent, DIIs 18.65 per cent.
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