Sun Pharmaceutical Industries Ltd., incorporated in the year 1993, is a Large Cap company (having a market cap of Rs 146227.47 Crore) operating in Pharmaceuticals sector.
Financials
For the quarter ended 31-12-2020, the company reported a Consolidated sales of Rs 8781.84 Crore, up 3.82 % from last quarter Sales of Rs 8458.77 Crore and up 9.25 % from last year same quarter Sales of Rs 8038.65 Crore. Company reported net profit after tax of Rs 1918.11 Crore in latest quarter.
Investment Rationale
has bounced back after taking support near its previous swing bottom around Rs 550. The stock has also given a breakout above the falling trendline. The stock has also managed to close above its previous swing high of Rs 600.
Promoter/FII Holdings
Promoters held 54.5 per cent stake in the company as of Dec 30, 2020, while FIIs held 12.2 per cent, DIIs 20.8 per cent and public and others 12.5 per cent.
