INSUBCONTINENT EXCLUSIVE:
Dr CK Narayan of Chart Advise has a buy call on Dr
with a target price of Rs 2320
The current market price of Dr
is Rs 2273.15 Time period given by analyst is Intra Day when Dr
price can reach defined target
Dr CK Narayan recommended to keep stoploss at Rs 2260
Reddy's Laboratories Ltd., incorporated in the year 1984, is a largecap company with a market cap of Rs 37880.10 crore.
Dr
key Products/Revenue Segments include Pharmaceuticals which contributed Rs 9586.80 Crore to Sales Value (98.63 % of Total Sales), Other
Operating Revenue which contributed Rs 50.40 Crore to Sales Value (0.51 % of Total Sales), Licence Fees which contributed Rs 41.30 Crore to
Sales Value (0.42 % of Total Sales), Scrap which contributed Rs 20.70 Crore to Sales Value (0.21 % of Total Sales) and Spent Chemicals which
contributed Rs 20.60 Crore to Sales Value (0.21 % 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 3650.70 Crore, up 3.28 % from last quarter Sales of
Rs 3534.90 Crore and up 10.10 % from last year same quarter Sales of Rs 3315.90 Crore Company has reported net profit after tax of Rs 467.80
The company’s top management includes Dr.Ashok S Ganguly, Dr.Bruce L A Carter, Dr.Omkar Goswami, Mr.Anupam Puri, Mr.Bharat N Doshi, Mr.G V
Prasad, Mr.K Satish Reddy, Mr.Sridar Iyengar, Ms.Kalpana Morparia
Company has S R Batliboi Associates LLP as its auditoRs As on 30-06-2018, the company has a total of 165,973,228 shares outstanding.
