Buy Aurobindo Pharma, target Rs 805: Kunal Bothra

INSUBCONTINENT EXCLUSIVE:
Independent Analyst Kunal Bothra has a buy call on Aurobindo Pharma Ltd
with a target price of Rs 805
The current market price of Aurobindo Pharma Ltd
is Rs 775.4 Time period given by the analyst is Intra Day when Aurobindo Pharma Ltd
price can reach the defined target
Kunal Bothra recommended to keep stoploss at Rs 765 Aurobindo Pharma Ltd., incorporated in 1986, is a largecap company with a market cap
of Rs 45431.28 crore. Aurobindo Pharma Ltd
key Products/Revenue Segments include Pharmaceuticals which contributed Rs 10038.22 Crore to Sales Value (97.42 % of Total Sales), Export
Incentives which contributed Rs 247.87 Crore to Sales Value (2.40 % of Total Sales), Scrap which contributed Rs 13.32 Crore to Sales Value
(0.12 % of Total Sales) and Sale of services which contributed Rs 3.74 Crore to Sales Value (0.03 % of Total Sales)for the year ending
31-Mar-2018
For the quarter ended 31-12-2018, the company has reported a Consolidated sales of Rs 5175.26 Crore, up 10.89 % from last quarter Sales of
Rs 4667.12 Crore and up 21.23 % from last year same quarter Sales of Rs 4268.99 Crore Company has reported net profit after tax of Rs 709.64
Crore in latest quarter
Mohan Reddy, Mr.M Sitarama Murthy, Mr.N Govindarajan, Mr.P Sarath Chandra Reddy, Mr.P V Ramprasad Reddy, Mrs.Savita Mahajan
Company has BSR Associates LLP as its auditoRs As on 31-12-2018, the company has a total of 585,907,609 shares outstanding