Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
1632.70
Change Change %
-11.85 -0.72%

Updated:21 Nov, 2018, 15:59 PM IST

BSE
1645.00
Change Change %
1.45 0.09%

Updated:21 Nov, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Motilal Oswal
N/A
22-01-2014 Buy 519.25 555.00
N/A
Target Hit Long (1Y)
22-01-2015

Motilal Oswal maintains buy on Torrent Pharma

Outperformance has been led by strong growth in exports. Stock trades at 15-times FY15 earnings per share and 13-times FY16 EPS. Net profit growth is faster than ebitda mainly due to lower than expected tax expenses. Growth in domestic formulations business was in-line. Target Rs 555.

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