The Economic Times daily newspaper is available online now.

    Hold Natco Pharma, target price Rs 660: ICICI Direct

    Synopsis

    Natco Pharma Ltd., incorporated in the year 1981, is a Mid Cap company (having a market cap of Rs 10403.02 Crore) operating in Pharmaceuticals sector.

    Natco PharmaAgencies
    Promoters held 48.8 per cent stake in the company as of 30-Sep-2022, while FIIs owned 19.13 per cent, DIIs 14.3 per cent.
    ICICI Direct has hold call on Natco Pharma with a target price of Rs 660. The current market price of Natco Pharma is Rs 571.8.

    Natco Pharma Ltd., incorporated in the year 1981, is a Mid Cap company (having a market cap of Rs 10403.02 Crore) operating in Pharmaceuticals sector.

    Natco Pharma Ltd. key Products/Revenue Segments include Pharmaceuticals, Sale of services, Job Work, Export Incentives, Scrap for the year ending 31-Mar-2022.


    Financials
    For the quarter ended 30-09-2022, the company reported a Consolidated Total Income of Rs 452.60 Crore, down -50.75 % from last quarter Total Income of Rs 918.90 Crore and up 9.01 % from last year same quarter Total Income of Rs 415.20 Crore. Company reported net profit after tax of Rs 56.80 Crore in latest quarter.



    Promoter/FII Holdings
    Promoters held 48.8 per cent stake in the company as of 30-Sep-2022, while FIIs owned 19.13 per cent, DIIs 14.3 per cent.



    (Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.
    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more


    (What's moving Sensex and Nifty Track latest market news, stock tips and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
    The Economic Times

    Stories you might be interested in