Search Now

Recommendations

Showing posts with label Sun Pharma. Show all posts
Showing posts with label Sun Pharma. Show all posts

Sunday, April 13, 2014

Tuesday, April 08, 2014

Monday, April 07, 2014

Thursday, April 03, 2014

Wednesday, February 15, 2012

Sunday, September 25, 2011

Sunday, February 06, 2011

Sun Pharmaceuticals


The ongoing correction is a good opportunity to add the blue-chip Sun Pharmaceuticals stock to your portfolio. At the current market price of Rs 418, the stock trades at about 20 times its likely FY-12 per share earnings. While this may leave little headroom for the stock price to appreciate in the near term, the likely improvement in the financials of Taro, robust product pipeline and strong balance-sheet with $845 million (about Rs 3800 crore) cash on books suggest strong growth prospects. On-time launches of generic Eloxatin, Prandin and Taxotere in the US too could act as positive triggers for the stock.

Tuesday, December 28, 2010