INSUBCONTINENT EXCLUSIVE:
Manas Jaiswal of manasjaiswal.com has a buy call on Granules India Ltd
with a target price of Rs 100
The current market price of Granules India Ltd
is Rs 93.2 Time period given by the analyst is Intra Day when Granules India Ltd
price can reach defined target
Manas Jaiswal recommended to keep stoploss at Rs 89
Granules India Ltd., incorporated in 1991, is a smallcap company with a market cap of
Rs 2369.59 crore.
Granules India Ltd
key Products/Revenue Segments include Pharmaceuticals which contributed Rs 1603.77 Crore to Sales Value (96.97 % of Total Sales) and Other
Operating Revenue which contributed Rs 50.10 Crore to Sales Value (3.02 % 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 580.87 Crore, up 28.16 % from last quarter Sales of
Rs 453.24 Crore and up 47.97 % from last year same quarter Sales of Rs 392.56 Crore Company has reported net profit after tax of Rs 47.23
The company’s top management includes Dr.Krishna Murthy Ella, Dr.V V N K V Prasada Raju, Mr.A P Kurian, Mr.Arun Rao Akinepally, Mr.Arun
Sawhney, Mr.C Parthasarathy, Mr.Harsha Chigurupati, Mr.K B Sankar Rao, Mr.Krishna Prasad Chigurupati, Mr.L S Sarma, Mrs.Uma Devi Chigurupati
Company has B S R Associates LLP as its auditoRs As on 31-12-2018, the company has a total of 254,247,562 shares outstanding
