Sun Pharma share price: Buy Sun Pharma, target price Rs 692: ICICI Securities

has buy call on Industries with a target price of Rs 692. The current market price of Sun Pharmaceutical Industries Ltd. is Rs 624.4.

Sun Pharmaceutical Industries Ltd., incorporated in the year 1993, is a Large Cap company (having a market cap of Rs 148866.74 Crore) operating in Pharmaceuticals sector.

Financials
For the quarter ended 31-12-2020, the company reported a Consolidated Total Income of Rs 9151.73 Crore, up 3.89 % from last quarter Total Income of Rs 8808.91 Crore and up 10.60 % from last year same quarter Total Income of Rs 8274.73 Crore. Company reported net profit after tax of Rs 1918.11 Crore in latest quarter.


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.

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