Kotak Securities has buy call on with a target price of Rs 745. The current market price of Aurobindo Pharma is Rs 722.8.
Time period given by analyst is Intra Day when Aurobindo Pharma Ltd. price can reach defined target.
Aurobindo Pharma Ltd., incorporated in the year 1986, is a Large Cap company (having a market cap of Rs 42369.22 Crore) operating in Pharmaceuticals sector.
Aurobindo Pharma Ltd. key Products/Revenue Segments include Pharmaceuticals, Export Incentives, Scrap and Sale of services for the year ending 31-Mar-2021.
Financials
For the quarter ended 30-09-2021, the company reported a Consolidated Total Income of Rs 6038.50 Crore, up 4.41 % from last quarter Total Income of Rs 5783.29 Crore and down -7.63 % from last year same quarter Total Income of Rs 6537.19 Crore. Company reported net profit after tax of Rs 707.76 Crore in latest quarter.
Investment Rationale
Breakout of the Inverse Head and Shoulder and sustaining above neckline suggests a sharp up move
Promoter/FII Holdings
Promoters held 51.83 per cent stake in the company as of 30-Sep-2021, while FIIs owned 23.41 per cent, DIIs 13.82 per cent.
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