Buy Sun Pharma Advanced Research Company, target price Rs 370: Axis Securities

Buy Sun Pharma Advanced Research Company, target price Rs 370: Axis Securities
ETMarkets.com
Rate Story
Share
Font Size
Save
Comment
Synopsis

Sun Pharma Advanced Research Company Ltd., incorporated in the year 2006, is a Mid Cap company (having a market cap of Rs 8293.47 Crore) operating in Pharmaceuticals sector.

The daily and weekly strength indicator RSI is in bullish mode along with positive crossover which supports rising strength.

Related

Axis Securities has buy call on Sun Pharma Advanced Research Company with a target price of Rs 370. The current market price of Sun Pharma Advanced Research Company is Rs 316.15. Time period given by analyst is 4 weeks when Sun Pharma Advanced Research Company Ltd. price can reach defined target.

Sun Pharma Advanced Research Company Ltd., incorporated in the year 2006, is a Mid Cap company (having a market cap of Rs 8293.47 Crore) operating in Pharmaceuticals sector.

Sun Pharma Advanced Research Company Ltd. key Products/Revenue Segments include Sale of services for the year ending 31-Mar-2021.


Financials
For the quarter ended 30-09-2021, the company reported a Standalone Total Income of Rs 33.85 Crore, up 48.53 % from last quarter Total Income of Rs 22.79 Crore and up 65.44 % from last year same quarter Total Income of Rs 20.46 Crore. Company reported net profit after tax of Rs -55.14 Crore in latest quarter.

Investment Rationale
The daily and weekly strength indicator RSI is in bullish mode along with positive crossover which supports rising strength.
(Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.

Pick the best companies to invest

BECOME AN ETPRIME MEMBER

Read More News on

(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

Download The Economic Times News App to get Daily Market Updates & Live Business News.

...more
Pick the best stocks for yourself
Powered by