Sun Pharma Advanced Research Company Ltd
SPARC

317.35

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317.70

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Accumulate
Reco. Price
Rs 337.30
We recommend 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. The stock is trading at EV/Sales of 45.7x in FY17E. (Target Price- Rs.355)
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50 DMA (.)
326.79
100 DMA (.)
320.34
200 DMA (.)
332.47
Weekly Range (.)
316.65
330.80
Monthly Range (.)
315.05
357.85
52 Weeks Range (.)
270.00
414.90
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