torrent pharma share price: Add Torrent Pharma, target price Rs 2757: ICICI Securities

has add call on Torrent Pharmaceuticals with a target price of Rs 2757. The current market price of is Rs 2590.

Torrent Pharmaceuticals Ltd., incorporated in the year 1972, is a Large Cap company (having a market cap of Rs 43761.00 Crore) operating in Pharmaceuticals sector.

Financials
For the quarter ended 31-12-2020, the company reported a Consolidated Total Income of Rs 2003.00 Crore, down -.99 % from last quarter Total Income of Rs 2023.00 Crore and down -.79 % from last year same quarter Total Income of Rs 2019.00 Crore. Company reported net profit after tax of Rs 297.00 Crore in latest quarter.


Promoter/FII Holdings
Promoters held 71.3 per cent stake in the company as of Sept 30, 2020, while FIIs held 12.2 per cent, DIIs 8.4 per cent and public and others 8.1 per cent.

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