Buy Granules India, target Rs 128: Kunal Bothra
Independent analyst Kunal Bothra has a buy call on Granules India with a target price of Rs 128.
The current market price of Granules India is Rs 122.60.
Time period given by the analyst is intraday when Granules India price can reach defined target.
Kunal Bothra recommended to keep a stop loss at Rs 117.
Granules India, incorporated in the year 1991, is a Mid Cap company (having a market cap of Rs 3,050.29 Crore) operating in Pharmaceuticals and health care sector.
Granules India key Products/Revenue Segments include Pharmaceuticals which contributed Rs 1,373.27 Crore to Sales Value (99.93 per cent of Total Sales) and Scrap which contributed Rs .90 Crore to Sales Value (0.06 per cent of Total Sales)for the year ending 31-Mar-2017.
The company’s top management includes Dr.Krishna Murthy Ella, Dr.V V N K V Prasada Raju, Mr.A P Kurian, Mr.Arun Rao Akinepally, Mr.C Parthasarathy, Mr.Harsha Chigurupati, Mr.K B Sankar Rao, Mr.Krishna Prasad Chigurupati, Mr.L S Sarma, Mrs.Uma Devi Chigurupati.
Company has Kumar & Giri as its auditors.
As on 30-09-2017, the company has a total of 253,767,562 shares outstanding.
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Via:: Economic Times – Stocks