Buy Aurobindo Pharma, target Rs 800: Kunal Bothra

INSUBCONTINENT EXCLUSIVE:
Independent analyst Kunal Bothra has a buy call on Aurobindo Pharma Ltd
with a target price of Rs 800
The current market price of Aurobindo Pharma Ltd
is Rs 763.35
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 750
Aurobindo Pharma Ltd., incorporated in the year 1986, is a Large Cap company (having a market cap of Rs 44725.26 Crore) operating in
Pharmaceuticals and health care sector
Aurobindo Pharma Ltd
key Products/Revenue Segments include Pharmaceuticals which contributed Rs 9532.19 Crore to Sales Value (97.45 % of Total Sales), Export
Incentives which contributed Rs 233.20 Crore to Sales Value (2.38 % of Total Sales), Scrap which contributed Rs 8.65 Crore to Sales Value
(0.08 % of Total Sales) and Sale of services which contributed Rs 7.17 Crore to Sales Value (0.07 % of Total Sales)for the year ending
31-Mar-2017
For the quarter ended 30-06-2018, the company has reported a Consolidated sales of Rs 4181.56 Crore, up 4.84 % from last quarter Sales of
Rs 3988.63 Crore and up 15.48 % from last year same quarter Sales of Rs 3621.07 Crore Company has reported net profit after tax of Rs 455.18
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 30-06-2018, the company has a total of 585,907,609 shares outstanding.