Long Term Buy Call For Dr Reddy's

Long Term Buy Call For Dr Reddy'sTechnical analyst Hitesh Chotalia maintained 'hold' rating on Jet Airways Limited stock to attain a target of Rs 1728.

According to analyst, the investors can buy the stock with a stop loss of Rs 1570.

Today, the stock of the company opened at Rs 1619 on the Bombay Stock Exchange (BSE).

The share price has seen a 52-week high of Rs 1855 and a low of Rs 1092.25 on BSE.

Current EPS & P/E ratio stood at 47.97 and 33.36 respectively.

Dr Reddy's Laboratories recorded a consolidated net profit of Rs 273.14 crore for October-December period.

The Drug firm had a net loss of Rs 521.70 crore during the similar period of last fiscal.

Dr Reddy's net income from sales and services remained at Rs 1898.51 crore for October-December period.

The company's net income was Rs 1729.64 crore during the same period of 2009.

On a standalone basis, Dr Reddy's registered an increase of 56.02% in its net profit to Rs 262.77 crore for the period under review as against Rs 168.42 crore during the same period of 2009.




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