DRREDDY (NSE-India)

Dr Reddy Ltd

Sector: This company belongs to Pharma

Last Updated: Jul 07, 2024

Investment / Trading advise for Dr Reddy Ltd

Recommendation at Rs. 4806.00
52 Week High: Rs. 5513.00, 52 Week Low: Rs. 2495.00
Net Present Value of stcok (based on NPV Business operation): Rs. 2316.47

RECENT FINANCIALS

Market
Market Capitalization: Rs. 81739.00 Cr
Equity Issued: Rs. 17.00 Cr
EPS: Rs. 115.82
ROE: 12.30%

Balance Sheet
Reserves & Surplus: Rs. 15515 Cr
Current Liability: Rs. 7214 Cr

Operations
Net Profit: Rs. 1969.00 Cr

INVESTMENT PROJECTIONS AND RECOMMENDATIONS

For 1 Year
We recommend SELL at Rs.4806.00
NOTE: The stock may not generate 12% in in the next 12 months as per our projection

For 2 Years
No fresh investment advised at Rs.4806.00

For 3 Years
We advise SELL at Rs.4806.00. No fresh investment.

Compelling Buy : At and below Rs. 2330.71 (Worth every penny you invest)
Good Buying Range: (Rs. 2330.71 - Rs. 2787.04) (Start accumulating closer to its lower range)
Buy with caution: At and above Rs. 3243.36 (Only for high risk long term investors and day traders)

CAUTION: Buying above Rs. 3243.36 is not recommended as it would be a better SELL than BUY.

NOTE: Above Rs. 3243.36, Use opportunities for day trade / weeekly trade / very short term trade with a strict stop loss.