Motilal Oswal a donné une note neutre à Torrent Pharma avec un prix cible de Rs 2510. Le cours de l’action a baissé de 2,71 pour cent par rapport à sa clôture précédente de Rs 2654,45. Le dernier prix négocié de l’action est de Rs 2582,45.
Torrent Pharmaceuticals Ltd., constituée en 1972, est une société à grande capitalisation (ayant une capitalisation boursière de Rs 43810,92 Crore) opérant dans le secteur pharmaceutique.
Financiers
Pour le trimestre clos le 30-06-2020, la société a déclaré un chiffre d’affaires consolidé de Rs 2014,00 Crore, en hausse de 5,33% par rapport au dernier trimestre Ventes de Rs 1912,00 Crore et en hausse de 1,92% par rapport au même trimestre de l’année dernière Ventes de Rs 1976,00 Crore Company a rapporté un bénéfice net après impôt de Rs 321,00 Crore au dernier trimestre.
Justification de l’investissement
La maison de courtage s’attend à un TCAC de 31% des bénéfices, mené par un TCAC de 9% / 7% des ventes en DF / États-Unis sur les exercices 20-23, une expansion de la marge d’environ 300 pb et une réduction du levier financier. Cependant, il reste neutre car la valorisation actuelle tient compte de manière adéquate de la hausse des bénéfices.
Promoteur / FII Holdings
Les promoteurs détenaient 71,3% du capital de la société au 30 septembre 2020, tandis que les FII détenaient 12,2%, les DII 8,4% et le public et autres 8,1%.
var objSec = {template: 'articleshow_main', msid:'78885954', secNames: ['markets','stocks','recos'],secIds:['2147477890','1977021501','2146842','3053611']};
var tmplName = tpName="articleshow_main",lang = '',nav_sec1,newHookId,subsec1_value,subsec1_common = '1977021501',newHookId2,subsec2_value,subsec2_common = '2146842';
var objVc = {version_on:'20201027115512',js_etsubscription:'1',js_comments:'111',js_googleslock:'782',js_googlelogin:'54',js_common_buydirect:'749',js_bookmark:'18',js_login:'43',js_datepicker:'2',js_electionsmn:'22',js_push:'54',css_buydirect:'14',js_tradenow:'14',js_commonall:'120',lib_login:'https://jssocdn.indiatimes.com/crosswalk/jsso_crosswalk_legacy_0.5.9.min.js',live_tv:'{"auto_open": 1, "play_check_hour": 12, "default_tv": "1"}',global_cube:'0',global_cube_wap:'0',global_cube_faces:'2',global_cube_fullad:'0',global_cube_landingon:'sensex',global_cube_wap_url:'https://m.economictimes.com/iframe_cube.cms',site_sync:'0',adx:'1',amazon_bidding:'1',fan_ads:'0',trackAdCode:'0',ajaxError:'1',oauth:'oauth',planPage:'/plans.cms',planPageTest:'https://economictimes.indiatimes.com/plans.cms',subscriptions:'subscriptions',krypton:'kryptonp',apw:'apw'};
var objDim = {d52:'nature_of_content',d10:'user_login_status_hit',d54:'content_shelf_life',d53:'content_target_audience',d12:'tags_meta_keyword',d56:'degree_of_conten',d11:'content_theme_the_primary_tag',d55:'content_tone',d14:'special_coverage',d58:'et_product_item',d13:'article_publish_time',d16:'video',d15:'audio',d59:'show_paywall_final',d61:'paywall_probability',d60:'paywall_score',d63:'paid_articles_read',d62:'eligibility_paywall_rule',d65:'bureau_articles_read',d20:'platform',d64:'free_articles_read',d23:'author_id',d67:'loyalty',d66:'article_length',d25:'page_template',d24:'syft_initiate_page',d68:'paywall_hits',d27:'site_sub_section',d26:'site_section',d29:'section_id',d28:'prime_deal_code',d70:'us_election_2020',d32:'prime_article_read_before_syft',d34:'content_age',d33:'prime_article_read_before_success',d36:'sign_in_initiation_position',d35:'subscription_method_hit',d37:'user_subscription_status',d1:'et_product',d2:'blocker_type',d3:'user_login_status',d4:'agency',d5:'author',d6:'cms_content_publishing_type',d7:'content_personalisation_level',d8:'article_publish_date',d9:'sub_section_name',d40:'freeread',d45:'prime_hp_ui_template',d47:'prime_hp_ui_content_b_color',d46:'prime_hp_ui_content_size',d49:'syft_initiate_position',d48:'content_msid',d50:'signin_initiate_page'};var serverTime="10.27.2020 11:57:30";var WRInitTime=(new Date()).getTime();
(function () {if (self !== top) {var e = function (s) {return document.getElementsByTagName(s)}; e("head")[0].innerHTML = '
'; setTimeout(function () {e("body")[0].innerHTML = ''; var hEle = e("html")[0]; hEle.innerHTML = 'economictimes.indiatimes.com'; hEle.className=""; top.location = self.location; }, 0);}})();
_log = window.console && console.log ? console.log : function () {};
if(window.localStorage && localStorage.getItem('temp_geolocation')) {
var geolocation = localStorage.getItem('temp_geolocation');
}
// Creating Elements for IE : HTML 5 and cross domain checks
(function () { var elem = ["article", "aside", "figure", "footer", "figcaption", "header", "nav", "section", "time"];
for(var i=0; i<=elem.length-1; i++) {document.createElement(elem[i])} var hd = 'indiatimes.com', dd = document.domain,intv,intv2,fo; if (dd != hd && dd.indexOf(hd) != -1) {document.domain = hd} })();
var intv,intv2;var fo;
if(subsec1_value == '1715249553' && subsec2_value == '1052732854'){
subsec1_value = newHookId = '1052732854'; // politicsnation
}else if(subsec1_value == '1715249553' && subsec2_value == '1373380680'){
subsec1_value = newHookId = '1373380680'; // Economy
}
if(optParam != "1") {
customDimension = window.customDimension || {};
var _gaq = _gaq || [];
var customDimension = customDimension || {};
var analytics_js_path="https://www.google-analytics.com/analytics.js";
(function(i,s,o,g,r,a,m){i['GoogleAnalyticsObject']=r;i[r]=i[r]||function(){
(i[r].q=i[r].q||[]).push(arguments)},i[r].l=1*new Date();a=s.createElement(o),
m=s.getElementsByTagName(o)[0];a.async=1;a.src=g;m.parentNode.insertBefore(a,m)
})(window,document,'script',analytics_js_path,'ga');
var gaProperty = 'UA-198011-5';
var disableStr="ga-disable";
if (document.cookie.indexOf(disableStr + '=true') > -1) { window[disableStr + '-' + gaProperty] = true; }
ga('set', 'anonymizeIp', true);
ga('create', gaProperty, 'auto', {'allowLinker': true});
ga('require', 'linker');
ga('linker:autoLink', ['economictimes.com']);
ga('require', 'displayfeatures');
window.optimizely = window.optimizely || [];
window.optimizely.push("activateUniversalAnalytics");
ga('require', 'GTM-WV452H7');
customDimension.dimension1 = "ET Free";
customDimension.dimension4 = "ETMarkets.com";
customDimension.dimension6 = "Native - 78885954";
customDimension.dimension8 = "Oct 27, 2020";
customDimension.dimension9 = "Stocks";
customDimension.dimension12 = "torrent pharma share price,markets,Torrent Pharma,Stocks to buy,investment,Motilal Oswal,market news";
customDimension.dimension13 = "10:16 AM IST";
customDimension.dimension15 = "No";
customDimension.dimension16 = "No";
(function () {
var a = window.localStorage && localStorage.getItem('et_syftCounter') || '';
a = a && JSON.parse(a) || {};
if(a.beforeSyft && customDimension) {
customDimension.dimension32 = a.beforeSyft;
}
if(a.afterSyft) {
customDimension.dimension33 = a.afterSyft;
}
})()
var contentAge="0.04940972222222222";
if(contentAge) {
customDimension.dimension34 = contentAge > 2 ? '>48hs':'<48hrs';
}
if(customDimension){
customDimension.dimension25 = "articleshow_main";
customDimension.dimension26 = "Markets";
customDimension.dimension27 = "Markets/Stocks/Recos/";
customDimension.dimension29 = "1977021501";
customDimension.dimension48 = "78885954";
customDimension.dimension57 = _tiluuid;
}
ga('send', 'pageview', customDimension);
var newHookId ='1977021501';
var newHookId2 = '2146842';
if(newHookId == '1715249553' && newHookId2 == '1052732854'){
newHookId = '1052732854'; // politicsnation
}else if(newHookId == '1715249553' && newHookId2 == '1373380680'){
newHookId = '1373380680'; // Economy
}
var subsec1_value="1977021501", subsec1_2value="2146842";
if(subsec1_value == '1715249553' && subsec1_2value == '1052732854'){
subsec1_value="1052732854"; // politicsnation
}else if(subsec1_value == '1715249553' && subsec1_2value == '1373380680'){
subsec1_value="1373380680"; // Economy
}
(function (g, r, o, w, t, h, rx) {
g
}, g
g
h.async = 1;h.src = w;rx.parentNode.insertBefore(h, rx)
})(window, document, 'script', 'https://static.growthrx.in/js/v2/web-sdk.js', 'grx');
grx('init', 'gf999c70d');
var grxDimension = {url: window.location.href, title : document.title, referral_url : document.referrer};
if(window.customDimension && window.objDim) {
for(key in customDimension) {
var dimId = 'd' + key.substr(9, key.length);
if(objDim[dimId] && customDimension[key]) { grxDimension[objDim[dimId]] = customDimension[key]; }
}
}
var subsStatus="Free User";
var jData = JSON.parse(localStorage.getItem('jStorage'));
function getCookie(n) {var ne = n + "=", ca = document.cookie.split(';');for (var i=0;i< ca.length;i++){ var c = ca[i]; while (c.charAt(0) == ' ') c = c.substring(1, c.length); if (c.indexOf(ne) == 0) return c.substring(ne.length, c.length); } return null; }
(function () {
if(ssoid = getCookie('ssoid')) {
try {
grx('userId', ssoid);
var pfuuid = getCookie('pfuuid');
if(pfuuid) { grxDimension['et_uuid'] = pfuuid}
grxDimension[objDim['d3']] = 'LOGGEDIN';
var grx_userData = jData['prime_'+getCookie('TicketId')];
grx_userData = grx_userData || {};
var grx_userPermission = grx_userData.permissions;
if(grx_userPermission.indexOf("expired_subscription") > -1) {
subsStatus="Expired User";
} else if (grx_userPermission.indexOf("subscribed") > -1 && grx_userPermission.indexOf("cancelled_subscription") > -1 && grx_userPermission.indexOf("can_buy_subscription") > -1) {
subsStatus="Paid User - In Trial";
} else if(grx_userPermission.indexOf("subscribed") > -1) {
subsStatus="Paid User";
} else if(grx_userPermission.indexOf("etadfree_subscribed") > -1) {
subsStatus="Ad Free User";
}
} catch (e) {}
} else {
grxDimension[objDim['d3']] = 'NONLOGGEDIN';
}
grxDimension[objDim['d37']] = subsStatus;
})()
grx('track', 'page_view', grxDimension);
if(geolocation && geolocation != 5 && (typeof skip == 'undefined' || typeof skip.fbevents == 'undefined')) {
!function(f,b,e,v,n,t,s)
{if(f.fbq)return;n=f.fbq=function(){n.callMethod?
n.callMethod.apply(n,arguments):n.queue.push(arguments)};
if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';
n.queue=[];t=b.createElement(e);t.async=!0;
t.src=v;s=b.getElementsByTagName(e)[0];
s.parentNode.insertBefore(t,s)}(window, document,'script',
'https://connect.facebook.net/en_US/fbevents.js');
fbq('init', '338698809636220');
fbq('track', 'PageView');
}
var _comscore = _comscore || [];
_comscore.push({ c1: "2", c2: "6036484"});
if(geolocation && geolocation != 5) {
(function() {
var s = document.createElement('script'), el = document.getElementsByTagName("script")[0]; s.async = true;
s.src = (document.location.protocol == "https:" ? "https://sb" : "http://b") + ".scorecardresearch.com/beacon.js";
el.parentNode.insertBefore(s, el);
})();
}
if(geolocation && geolocation != 5) {
(function() {
function pingIbeat() {
window._pg_endpt=(new Date()).getTime();
var e = document.createElement('script');
e.setAttribute('language', 'javascript');
e.setAttribute('type', 'text/javascript');
e.setAttribute('src', "https://agi-static.indiatimes.com/cms-common/ibeat.min.js");
document.head.appendChild(e);
}
if(typeof window.addEventListener == 'function') {
window.addEventListener("load", pingIbeat, false);
} else {
var oldonload = window.onload;
window.onload = (typeof window.onload != 'function') ?
pingIbeat : function() { oldonload(); pingIbeat(); };
}
})();
}
}
.
