INSUBCONTINENT EXCLUSIVE:
Manas Jaiswal of manasjaiswal.com has a buy call on Torrent Pharmaceuticals Ltd
with a target price of Rs 1650
The current market price of Torrent Pharmaceuticals Ltd
is Rs 1606.1 Time period given by the analyst is Intra Day when Torrent Pharmaceuticals Ltd
price can reach the defined target
Manas Jaiswal recommended to keep stoploss at Rs 1584
Torrent Pharmaceuticals Ltd., incorporated in 1972, has a market cap of Rs 27178.86 crore.
Torrent Pharmaceuticals Ltd
key Products/Revenue Segments include Pharmaceuticals which contributed Rs 5556.72 Crore to Sales Value (96.42 % of Total Sales), Other
Operating Revenue which contributed Rs 129.59 Crore to Sales Value (2.24 % of Total Sales) and Export Incentives which contributed Rs 76.17
Crore to Sales Value (1.32 % of Total Sales)for the year ending 31-Mar-2019
For the quarter ended 31-03-2019, the company has reported a Consolidated sales of Rs 1822.00 Crore, down -6.47 % from last quarter Sales
of Rs 1948.00 Crore and up 8.45 % from last year same quarter Sales of Rs 1680.00 Crore Company has reported net profit after tax of Rs
-152.00 Crore in latest quarter
Ms.Ameera Shah, Ms.Nayantara Bali
LLP as its auditoRs As on 30-06-2019, the company has a total of 169,222,720 shares outstanding.