Aarti Industries Ltd., incorporated in the year 1984, is a Mid Cap company (having a market cap of Rs 30868.25 Crore) operating in Pharmaceuticals sector.
Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 1209.36 Crore, up 1.87 % from last quarter Total Income of Rs 1187.21 Crore and up 12.33 % from last year same quarter Total Income of Rs 1076.57 Crore. Company reported net profit after tax of Rs 139.34 Crore in latest quarter.
Investment Rationale
The stock has resumed its uptrend after breaking out of a narrow consolidation phase on good volumes, suggesting bullishness. Technical indicators are also in bull territory, confirming strength in the stock.
Promoter/FII Holdings
Promoters held 47.6 per cent stake in the company as of Sept 30, 2020, while FIIs held 7.5 per cent, DIIs 15.8 per cent and public and others 29.2 per cent.
(Views and recommendations given in this section are the analysts’ own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the stock/s mentioned.)
