INSUBCONTINENT EXCLUSIVE:
Chandan Taparia of Motilal Oswal Securities has a buy call on Torrent Pharmaceuticals Ltd
with a target price of Rs 2200.0
The current price of Torrent Pharmaceuticals Ltd
Chandan Taparia recommended to keep a stoploss at Rs 2070
Torrent Pharmaceuticals Ltd., incorporated in the year 1972, is a Large Cap company (having a market cap of Rs 35744.92 Crore) operating in
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 31-12-2019, the company has reported a Consolidated sales of Rs 1924.00 Crore, down -2.24 % from last quarter Sales
of Rs 1968.00 Crore and down -1.23 % from last year same quarter Sales of Rs 1948.00 Crore Company has reported net profit after tax of Rs
251.00 Crore in latest quarter
Mr.Shailesh Haribhakti, Mr.Sudhir Mehta, Mrs.Renu Challu
LLP as its auditors As on 31-12-2019, the company has a total of 169,222,720 shares outstanding.