ThinkStock PhotosMotilal Oswal has buy call on Granules India with a target price of Rs 480. The current market price of Granules India Ltd. is Rs 363.75.
Granules India Ltd., incorporated in the year 1991, is a Mid Cap company (having a market cap of Rs 9006.69 Crore) operating in Pharmaceuticals sector.
Financials
For the quarter ended 30-09-2020, the company reported a Consolidated sales of Rs 858.12 Crore, up 16.66 % from last quarter Sales of Rs 735.60 Crore and up 22.67 % from last year same quarter Sales of Rs 699.53 Crore Company reported net profit after tax of Rs 163.63 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 42.04 per cent stake in the company as of Sept 30, 2020 while FIIs held 26.3 per cent, DIIs 0.2 per cent and public and others 31.5 per cent.
Granules India Ltd., incorporated in the year 1991, is a Mid Cap company (having a market cap of Rs 9006.69 Crore) operating in Pharmaceuticals sector.
Financials
For the quarter ended 30-09-2020, the company reported a Consolidated sales of Rs 858.12 Crore, up 16.66 % from last quarter Sales of Rs 735.60 Crore and up 22.67 % from last year same quarter Sales of Rs 699.53 Crore Company reported net profit after tax of Rs 163.63 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 42.04 per cent stake in the company as of Sept 30, 2020 while FIIs held 26.3 per cent, DIIs 0.2 per cent and public and others 31.5 per cent.
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