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Sell Torrent Pharmaceuticals, target Rs 1,361.30: ICICI Direct

ETMarkets.com|
Jan 30, 2018, 11.48 AM IST
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ICICI Direct has a sell call on Torrent Pharmaceuticals with a target price of Rs 1,361.30.

The current market price of Torrent Pharmaceuticals is Rs 1,353.95.

Time period given by the brokerage firm is 'Intra Day' when Torrent Pharmaceuticals price can reach defined target.

ICICI Direct recommended to keep a stop loss at Rs 1,400.50.

Torrent Pharmaceuticals, incorporated in the year 1972, is a Large Cap company (having a market cap of Rs 23,335.14 Crore) operating in Pharmaceuticals and health care sector.

The company's top management includes Dr.Chaitanya Dutt, Mr.Haigreve Khaitan, Mr.Markand Bhatt, Mr.Pradeep Bhargava, Mr.Samir Mehta, Mr.Shailesh Haribhakti, Mr.Sudhir Mehta, Mrs.Renu Challu.

Company has BSR & Co. LLP as its auditors.

As on 31-12-2017, the company has a total of 169,222,720 shares outstanding.
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Disclaimer: This recommendation is analyst's own and does not represent those of economictimes.com & ETMarkets.com. Please consult your financial advisor before taking any position in the stock/s mentioned.

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