|
01 Sep 2025 |
Dr. Reddy's Labs
|
Consensus Share Price Target
|
1260.10 |
1287.88 |
- |
2.20 |
hold
|
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30 Oct 2023
|
Dr. Reddy's Labs
|
Axis Direct
|
1260.10
|
5850.00
|
5345.35
(-76.43%)
|
Target met |
Hold
|
|
|
We believe the company's strategy of investing in various businesses may provide growth in the long term
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|
30 Oct 2023
|
Dr. Reddy's Labs
|
BOB Capital Markets Ltd.
|
1260.10
|
5500.00
|
5345.35
(-76.43%)
|
Target met |
Hold
|
|
|
Q2 revenue in line but PAT outdid consensus by 22% on account of PLI benefits, litigation settlement and interest income
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|
29 Oct 2023
|
Dr. Reddy's Labs
|
Prabhudas Lilladhar
|
1260.10
|
5300.00
|
5397.30
(-76.65%)
|
Target met |
Sell
|
|
|
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28 Oct 2023
|
Dr. Reddy's Labs
|
ICICI Securities Limited
|
1260.10
|
6000.00
|
5397.30
(-76.65%)
|
Target met |
Accumulate
|
|
|
Dr. Reddy’s Laboratories’ (DRL) Q2FY24 gross and EBITDA margins were down 198bps/273bps YoY to 58.7%/28.9%, respectively. US price erosion, acquisition of Mayne Pharma and higher SG&A investments dented margins.
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|
28 Oct 2023
|
Dr. Reddy's Labs
|
Motilal Oswal
|
1260.10
|
5400.00
|
5397.30
(-76.65%)
|
Target met |
Neutral
|
|
|
|
|
24 Aug 2023
|
Dr. Reddy's Labs
|
Geojit BNP Paribas
|
1260.10
|
6212.00
|
5907.15
(-78.67%)
|
Target met |
Hold
|
|
|
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|
27 Jul 2023
|
Dr. Reddy's Labs
|
Motilal Oswal
|
1260.10
|
5240.00
|
5507.00
(-77.12%)
|
Target met |
Neutral
|
|
|
|
|
27 Jul 2023
|
Dr. Reddy's Labs
|
SMC online
|
1260.10
|
|
5507.00
(-77.12%)
|
Pre-Bonus/ Split |
Results Update
|
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27 Jul 2023
|
Dr. Reddy's Labs
|
Axis Direct
|
1260.10
|
6000.00
|
5507.00
(-77.12%)
|
Target met |
Hold
|
|
|
We have HOLD on the stock
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27 Jul 2023
|
Dr. Reddy's Labs
|
ICICI Securities Limited
|
1260.10
|
6000.00
|
5475.65
(-76.99%)
|
Target met |
Accumulate
|
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|
Dr. Reddy’s (DRL) delivered a strong beat in EBITDA and profit, driven by incremental sales from its base product portfolio and gRevlimid in the US. gRevlimid continues to lift overall margins; however, additional sales from products that are in shortage in the US improved base business margins in Q1FY24.
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