Sun Pharma Advanced Research Company Ltd
SPARC

336.35

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337.30

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Accumulate
Reco. Price
Rs 304.50
We recommend an ACCUMULATE on the stock on account of more ANDA approvals in FY17E. Also company plans to focus more on new therapeutic areas for future revenue growth. We target stock to trade at EV/Sales of 41.3x in FY17E. (Target Price: Rs.320.2)
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50 DMA (.)
312.64
100 DMA (.)
317.18
200 DMA (.)
325.72
Weekly Range (.)
313.50
323.90
Monthly Range (.)
297.45
332.40
52 Weeks Range (.)
249.30
414.90
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