Buy Aarti Drugs, target price Rs 836: Anand Rathi

Anand Rathi has buy call on Aarti Drugs with a target price of Rs 836. The current market price of Aarti Drugs Ltd. is Rs 625.05.

Time period given by analyst is one year when Aarti Drugs Ltd. price can reach defined target.

Aarti Drugs Ltd., incorporated in the year 1984, is a Small Cap company (having a market cap of Rs 5781.02 Crore) operating in Pharmaceuticals sector.

Financials
For the quarter ended 30-06-2021, the company reported a Consolidated Total Income of Rs 581.57 Crore, up 15.68 % from last quarter Total Income of Rs 502.72 Crore and up 6.53 % from last year same quarter Total Income of Rs 545.93 Crore. Company reported net profit after tax of Rs 48.81 Crore in latest quarter.

Promoter/FII Holdings
Promoters held 60.2 per cent stake in the company as of Sept 30, 2020, while FIIs held 2.2 per cent, DIIs 1.9 per cent and public and others 35.8 per cent.