INSUBCONTINENT EXCLUSIVE:
Jay Thakkar of Anand Rathi has a buy call on Lupin Ltd
with a target price of Rs 990.0
The current market price of Lupin Ltd
Time period given by the analyst is Intra Day when Lupin Ltd
price can reach the defined target
Jay Thakkar recommended to keep stoploss at Rs 949
Lupin Ltd., incorporated in 1983, is a largecap company with a market cap of Rs 43243.52 crore.
Lupin Ltd
key Products/Revenue Segments include Pharmaceuticals which contributed Rs 12236.95 Crore to Sales Value (95.95 % of Total Sales), Export
Incentives which contributed Rs 348.04 Crore to Sales Value (2.72 % of Total Sales), Other Services which contributed Rs 161.13 Crore to
Sales Value (1.26 % of Total Sales) and Other Operating Revenue which contributed Rs 7.03 Crore to Sales Value (0.05 % 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 3774.57 Crore, down -5.13 % from last quarter Sales
of Rs 3978.49 Crore and down -.85 % from last year same quarter Sales of Rs 3806.83 Crore Company has reported net profit after tax of Rs
202.33 Crore in latest quarter
The company’s top management includes Dr.Desh Bandhu Gupta, Dr.K U Mada, Dr.Kamal K Sharma, Dr.Vijay Kelkar, Mr.Dileep C Choksi,
Mr.Jean-Luc Belingard, Mr.Nilesh Gupta, Mr.R A Shah, Mr.Ramesh Swaminathan, Mr.Richard Zahn, Mrs.Manju D Gupta, Ms.Vinita Gupta
LLP as its auditoRs As on 30-06-2018, the company has a total of 452,140,064 shares outstanding.
