Sun Pharma Advanced Research Company Ltd
SPARC

322.55

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322.50

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Accumulate
Reco. Price
Rs 324.00
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 43.9x in FY17E. (Target Price: Rs.341)
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50 DMA (.)
321.57
100 DMA (.)
317.50
200 DMA (.)
329.56
Weekly Range (.)
318.50
334.20
Monthly Range (.)
313.50
353.65
52 Weeks Range (.)
270.00
414.90
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