Dr Reddy Buy, Target Price Rs.6000

Dr. Reddy’s Laboratories Limited is an Indian multinational pharmaceutical company. Company Incorporated in the year 1984. Market cap of the company is Rs. 84,006.35 Cr. It’s a large cap company and operating in pharma sector. Dr. Reddy’s operates in markets across the globe. It’s major market include – USA India Russia & CIS countries and Europe. Through it is three businesses – Pharmaceutical Services and Active Ingredients, Global Generics and Proprietary Products the Company offers a portfolio of products and services, including APIs and CPS. Debt free compnay. Dr Reddy buy at current level, technically it is looking bullish.

Investment

Dr Reddy Buy in current price Rs. 5040 to 5080.

Holding period one to six month.

SCRIPT : DRREDDY

Financial

Quarter endedAudited / Un-AuditedTotal
Income
PROFIT
BEFORE TAX
Net
Profit/Loss
EARNINGS
PER SHARE
30 Sep 2020Un-Audited3,37,240.0061,970.0048,100.0029.00
30 Jun 2020Un-Audited3,88,910.001,36,170.0095,020.0057.31
31 Mar 2020Audited2,97,910.0044,410.0050,280.0030.34
31 Dec 2019Un-Audited3,11,330.0061,750.0052,170.0031.47
30 Sep 2019Un-Audited3,52,270.001,02,120.001,36,510.0082.36

Note : Value in Lakhs

Shareholding Patterns

Category30-Sep-202030-Jun-202031-Mar-202031-Dec-201930-Sep-2019
Promoter & Promoter Group26.7426.7426.7526.7626.76
Public73.0373.0373.0173.0173.00
Shares held by Employee Trusts0.230.220.240.240.24
Total100.00100.00100.00100.00100.00

Ratio

PE RATIOPB RATIOSECTOR PESECTOR PB
34.215.3837.014.97

Abhilash

Astrologer, Numerologer, Vastu Consultant

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