Buy Aarti Industries, target price Rs 960: Anand Rathi

Buy Aarti Industries, target price Rs 960: Anand Rathi
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Synopsis

Aarti Industries Ltd., incorporated in the year 1984, is a Mid Cap company (having a market cap of Rs 28407.63 Crore) operating in Pharmaceuticals sector.

Agencies
Promoters held 44.19 per cent stake in the company as of 30-Jun-2022, while FIIs owned 11.82 per cent, DIIs 15.06 per cent.
Anand Rathi has buy call on Aarti Industries with a target price of Rs 960. The current market price of is Rs 785. Time period given by analyst is one year when . price can reach defined target.

Aarti Industries Ltd., incorporated in the year 1984, is a Mid Cap company (having a market cap of Rs 28407.63 Crore) operating in Pharmaceuticals sector.

Aarti Industries Ltd. key Products/Revenue Segments include Speciality Chemicals and Pharmaceuticals for the year ending 31-Mar-2021.


Financials
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 1972.40 Crore, up 12.34 % from last quarter Total Income of Rs 1755.81 Crore and up 49.79 % from last year same quarter Total Income of Rs 1316.81 Crore. Company reported net profit after tax of Rs 189.07 Crore in latest quarter.



Promoter/FII Holdings
Promoters held 44.19 per cent stake in the company as of 30-Jun-2022, while FIIs owned 11.82 per cent, DIIs 15.06 per cent.
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