Pfizer Ltd., incorporated in the year 1950, is a Large Cap company (having a market cap of Rs 25337.61 Crore) operating in Pharmaceuticals sector.
Financials
For the quarter ended 31-03-2021, the company reported a Standalone Total Income of Rs 571.96 Crore, down -5.94 % from last quarter Total Income of Rs 608.06 Crore and up 4.52 % from last year same quarter Total Income of Rs 547.23 Crore. Company reported net profit after tax of Rs 100.55 Crore in latest quarter.
Investment Rationale
The stock has resumed its upward journey after breaking out of a narrow consolidation pattern on good volumes. It is making higher highs and higher lows, confirming bullishness. RSI has also turned upwards from the 58 level, confirming dominant strength in the stock.
Promoter/FII Holdings
Promoters held 63.9 per cent stake in the company as of March 31, 2021, while FIIs held 3.4 per cent, DIIs 13.1 per cent and public and others 19.6 per cent.
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