INSUBCONTINENT EXCLUSIVE:
Dr CK Narayan of Chart Advise has a buy call on Torrent Pharmaceuticals Ltd
with a target price of Rs 1720
The current market price of Torrent Pharmaceuticals Ltd
Time period given by the analyst is Intra Day when Torrent Pharmaceuticals Ltd
price can reach the defined target
Dr CK Narayan recommended to keep stoploss at Rs 1680
Torrent Pharmaceuticals Ltd., incorporated in 1972, is a largecap company with a market cap of Rs 28682.40 crore.
Torrent Pharmaceuticals
key Products/Revenue Segments include Pharmaceuticals which contributed Rs 4141.90 Crore to Sales Value (97.49 % of Total Sales), Export
Incentives which contributed Rs 60.31 Crore to Sales Value (1.41 % of Total Sales) and Other Operating Revenue which contributed Rs 46.03
Crore to Sales Value (1.08 % of Total Sales)for the year ending 31-Mar-2018
For the quarter ended 30-09-2018, the company has reported a Consolidated sales of Rs 1858.00 Crore, up 1.31 % from last quarter Sales of
Rs 1834.00 Crore and up 32.62 % from last year same quarter Sales of Rs 1401.00 Crore Company has reported net profit after tax of Rs 179.00
Mr.Sudhir Mehta, Ms.Ameera Shah
LLP as its auditoRs As on 30-09-2018, the company has a total of 169,222,720 shares outstanding.
