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    Buy Aurobindo Pharma, target price Rs 564: BNP Paribas

    Synopsis

    Aurobindo Pharma Ltd., incorporated in the year 1986, is a Large Cap company (having a market cap of Rs 26997.12 Crore) operating in Pharmaceuticals sector.

    auroGetty Images
    Promoters held 51.83 per cent stake in the company as of 30-Sep-2022, while FIIs owned 22.43 per cent, DIIs 16.55 per cent.
    BNP Paribas Securities has buy call on Aurobindo Pharma with a target price of Rs 564. The current market price of Aurobindo Pharma Ltd. is Rs 460.7.

    Aurobindo Pharma Ltd., incorporated in the year 1986, is a Large Cap company (having a market cap of Rs 26997.12 Crore) operating in Pharmaceuticals sector.

    Aurobindo Pharma Ltd. key Products/Revenue Segments include Pharmaceuticals, Sale of services, Export Incentives and 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 5796.56 Crore, down -7.65 % from last quarter Total Income of Rs 6276.54 Crore and down -4.01 % from last year same quarter Total Income of Rs 6038.50 Crore. Company reported net profit after tax of Rs 411.60 Crore in latest quarter.



    Promoter/FII Holdings
    Promoters held 51.83 per cent stake in the company as of 30-Sep-2022, while FIIs owned 22.43 per cent, DIIs 16.55 per cent.



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    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
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