November 15, 2024
Sun Pharma stocks: Buy Sun Pharmaceutical Industries, target price Rs 1995: JM Financial #IndustryFinance

Sun Pharma stocks: Buy Sun Pharmaceutical Industries, target price Rs 1995: JM Financial #IndustryFinance

CashNews.co

JM Financial has buy call on Sun Pharmaceutical Industries with a target price of Rs 1995. The current market price of Sun Pharmaceutical Industries Ltd. is Rs 1825.5.

Sun Pharmaceutical Industries Ltd., incorporated in the year 1993, is a Large Cap company (having a market cap of Rs 439762.11 Crore) operating in Pharmaceuticals sector.

Sun Pharmaceutical Industries Ltd. key Products/Revenue Segments include Pharmaceuticals and Other Operating Revenue for the year ending 31-Mar-2024. Financials
For the quarter ended 30-06-2024, the company reported a Consolidated Total Income of Rs 13185.30 Crore, up 4.74 % from last quarter Total Income of Rs 12588.84 Crore and up 8.56 % from last year same quarter Total Income of Rs 12145.28 Crore. Company reported net profit after tax of Rs 2871.25 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 54.48 per cent stake in the company as of 30-Jun-2024, while FIIs owned 17.23 per cent, DIIs 19.08 per cent.

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