CK Narayan of Chart Advise has a buy call on Aurobindo Pharma Ltd. with a target price of Rs 495. The current price of Aurobindo Pharma Ltd. is Rs 484.7. Time period given by the analyst is Intra Day when Aurobindo Pharma Ltd. price can reach defined target. CK Narayan recommended to keep a stop loss at Rs 472.
Aurobindo Pharma Ltd., incorporated in the year 1986, is a Large Cap company (having a market cap of Rs 28145.56 Crore) operating in Pharmaceuticals sector.
Aurobindo Pharma Ltd. key Products/Revenue Segments include Pharmaceuticals which contributed Rs 11922.63 Crore to Sales Value (97.26 % of Total Sales), Export Incentives which contributed Rs 303.72 Crore to Sales Value (2.47 % of Total Sales), Sale of services which contributed Rs 16.07 Crore to Sales Value (0.13 % of Total Sales) and Scrap which contributed Rs 15.47 Crore to Sales Value (0.12 % of Total Sales) for the year ending 31-Mar-2019.
For the quarter ended 30-09-2019, the company has reported a Consolidated sales of Rs 5518.27 Crore, up 3.01 % from last quarter sales of Rs 5356.84 Crore and up 18.24 % from last year same quarter sales of Rs 4667.12 Crore. Company has reported net profit after tax of Rs 639.46 Crore in latest quarter.
Source: Economic Times
