{"id":95755,"date":"2018-10-22T13:02:53","date_gmt":"2018-10-22T13:02:53","guid":{"rendered":"http:\/\/www.bnreport.com\/buy-sun-pharmaceutical-industries-target-rs-655-gaurav-ratnaparkhi\/"},"modified":"2018-10-22T13:02:53","modified_gmt":"2018-10-22T13:02:53","slug":"buy-sun-pharmaceutical-industries-target-rs-655-gaurav-ratnaparkhi","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/buy-sun-pharmaceutical-industries-target-rs-655-gaurav-ratnaparkhi\/","title":{"rendered":"Buy Sun Pharmaceutical Industries, target Rs 655: Gaurav Ratnaparkhi"},"content":{"rendered":"

Gaurav Ratnaparkhi<\/a> of Sharekhan has a buy call on Sun Pharmaceutical Industries with a target price of Rs 655. <\/p>\n

The current market price of Sun Pharmaceutical Industries is Rs 613.50. <\/p>\n

Time period given by the analyst is two weeks when Sun Pharmaceutical Industries price can reach the defined target. <\/p>\n

Gaurav Ratnaparkhi recommended keeping a stop loss at Rs 588. <\/p>\n

"The stock has been trading in sideways manner for last couple of weeks. As a result it has formed a bullish Inside bar on the weekly chart. On the downside, the stock is getting support near its crucial weekly moving averages. Thus the stock seems to be preparing for a sharp bounce back. The hourly & daily momentum indicators have given fresh buy signals. Hence, the stock can head towards its daily & weekly upper Bollinger Bands," Ratnaparkhi said. <\/p>\n

Sun Pharmaceutical Industries, incorporated in the year 1993, is a large-cap company (having a market cap of Rs 1,45,974.91 crore) operating in Pharmaceuticals and health care sector. <\/p>\n

The companys top management includes Mr.Ashwin Dani, Mr.Dilip S Shanghvi, Mr.Gautam Doshi, Mr.Israel Makov, Mr.Kalyanasundaram Subramanian, Mr.Keki M Mistry, Mr.S Mohanchand Dadha, Mr.Sailesh T Desai, Mr.Sudhir V Valia, Mr.Vivek Chaand Sehgal, Ms.Rekha Sethi. <\/p>\n

The company has S R B C & Co. LLP as its auditors. <\/p>\n

As on 30-06-2018, the company has a total of 2,399,324,494 shares outstanding. <\/p>\n

<\/a><\/strong> <\/a><\/p>\n

Original Article<\/a><\/p>\n

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ET Markets<\/a><\/h5>\n

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Gaurav Ratnaparkhi of Sharekhan has a buy call on Sun Pharma..<\/p>\n","protected":false},"author":1,"featured_media":95756,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[202],"tags":[],"class_list":["post-95755","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\nBuy Sun Pharmaceutical Industries, target Rs 655: Gaurav Ratnaparkhi - Business News Report<\/title>\n<meta name=\"description\" content=\"Gaurav Ratnaparkhi of Sharekhan has a buy call on Sun Pharma..\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bnreport.com\/en\/buy-sun-pharmaceutical-industries-target-rs-655-gaurav-ratnaparkhi\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Buy Sun Pharmaceutical Industries, target Rs 655: Gaurav Ratnaparkhi - 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