SUN Pharma Multibagger 2 years timeframe
SUN Pharma Multibagger 2 years timeframe
- Sun Pharma was started in 1983 with 5 psychiarity products and by 2 persons with marketing experience.
- A small manufacturing company for tables and capsules was setup in Vapi, Gujurat.
- In 1987 they started selling thier products nationwide and in 1988 there most important products for cardiology Monorate and Angizem were launched which took the company to new level.
- The company has grown brick by brick and step at a time in right direction.
- In 2010 company accuired controlling stake in Taro Pharma,Israel which immideatly doubled there business revenue from US.
- Today Sun Pharma is the largest specialty pharmaceutical company in India with established brands across niche therapies such as psychiatry, neurology, cardiology, nephrology, gastroenterology, orthopedics and ophthalmology. In the US, Sun Pharma is an integrated generic drugs company with several complex products approved for sale.
- There net sales has grown from 5700 cores to 16000 crores in just 4 year which is huge.Net profit also almost doubled from 1800 crores to 3200 crores. Also the EPS doubled from 8.8 to 15.5. Most intresting thing in there sales is the US sales which has increased from 500 cores to 1600 cores and set to grow further.
- Though the net profit had grown only grown by 10 % in last year,bwcause of various accustions and expansions, we fell net 2 year this company will register some good 15 to 20 % growth and will start reap th benefit.
- So invest in this stock with 2 year time frame and reap the benefit of this company which is now being run by the India's richest man.
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