Buy Cadila Healthcare, target price Rs 565: Motilal Oswal

Buy Cadila Healthcare, target price Rs 565: Motilal Oswal
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Synopsis

Cadila Healthcare Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 49973.92 Crore) operating in Pharmaceuticals sector.

Promoters held 74.9 per cent stake in the company as of June 30, 2020, while FIIs held 4.6 per cent, DIIs 12.8 per cent and public and others 7.8 per cent.

INSIGHTS

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Motilal Oswal has buy call on Cadila Healthcare with a target price of Rs 565. The current market price of Cadila Healthcare Ltd. is Rs 490.6.

Cadila Healthcare Ltd., incorporated in the year 1995, is a Large Cap company (having a market cap of Rs 49973.92 Crore) operating in Pharmaceuticals sector.

Financials
For the quarter ended 30-09-2020, the company reported a Consolidated sales of Rs 3820.00 Crore, up 4.95 % from last quarter Sales of Rs 3639.90 Crore and up 17.75 % from last year same quarter Sales of Rs 3244.20 Crore

Promoter/FII Holdings
Promoters held 74.9 per cent stake in the company as of June 30, 2020, while FIIs held 4.6 per cent, DIIs 12.8 per cent and public and others 7.8 per cent.

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