INSUBCONTINENT EXCLUSIVE:
CK Narayan of Chart Advise has buy call on Cipla Ltd
with a target price of Rs 472.0
The current market price of Cipla Ltd
is Rs 468.6 CK Narayan recommended to keep stoploss at Rs 455
Cipla Ltd., incorporated in the year 1935, is a Large Cap company (having a
market cap of Rs 37185.70 Crore) operating in Pharmaceuticals sector
key Products/Revenue Segments include Pharmaceuticals which contributed Rs 11968.44 Crore to Sales Value (96.72 % of Total Sales), Other
Operating Revenue which contributed Rs 167.72 Crore to Sales Value (1.35 % of Total Sales), Export Incentives which contributed Rs 155.27
Crore to Sales Value (1.25 % of Total Sales), Royalty Income which contributed Rs 50.68 Crore to Sales Value (0.40 % of Total Sales) and
Scrap which contributed Rs 31.90 Crore to Sales Value (0.25 % of Total Sales)for the year ending 31-Mar-2019
For the quarter ended 30-06-2019, the company has reported a Consolidated sales of Rs 3894.46 Crore, down -8.82 % from last quarter Sales
of Rs 4271.00 Crore and up 1.26 % from last year same quarter Sales of Rs 3845.84 Crore Company has reported net profit after tax of Rs
470.65 Crore in latest quarter
Mr.S Radhakrishnan, Mr.Umang Vohra, Ms.Naina Lal Kidwai, Ms.Punita Lal, Ms.Samina Vaziralli
Company has Walker Chandiok - Co
LLP as its auditoRs As on 30-09-2019, the company has a total of 806,077,497 shares outstanding.