Jay Thakkar of Anand Rathi has a buy call on

India Ltd. with a target price of Rs 195.0 . The current price of Granules India Ltd. is Rs 176.1 . Jay Thakkar recommended to keep a stoploss at Rs 164 .

Granules India Ltd., incorporated in the year 1991, is a Mid Cap company (having a market cap of Rs 4465.86 Crore) operating in Pharmaceuticals sector.

Granules India Ltd. key Products/Revenue Segments include Pharmaceuticals which contributed Rs 2053.59 Crore to Sales Value (97.86 % of Total Sales) and Other Operating Revenue which contributed Rs 44.84 Crore to Sales Value (2.13 % of Total Sales)for the year ending 31-Mar-2019.

For the quarter ended 31-12-2019, the company has reported a Consolidated sales of Rs 703.96 Crore, up .63 % from last quarter Sales of Rs 699.53 Crore and up 11.42 % from last year same quarter Sales of Rs 631.78 Crore Company has reported net profit after tax of Rs 64.03 Crore in latest quarter.

The company’s top management includes Dr.Krishna Murthy Ella, Mr.L S Sarma, Mr.Krishna Prasad Chigurupati, Mr.K B Sankar Rao, Mr.Harsha Chigurupati, Mr.C Parthasarathy, Mr.Arun Rao Akinepally, Mr.A P Kurian, Dr.V V N K V Prasada Raju, Mrs.Uma Devi Chigurupati. Company has B S R & Associates LLP as its auditors As on 31-12-2019, the company has a total of 254,247,562 shares outstanding.

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