indian stock recos

blog for amateur investors with stock ideas of Indian share stock markets (indian stock recos)NSE BSE stocks/ fundamentals along with technicals

Saturday, October 28, 2006

Dr Reddys

Dr Reddys has come out with a fantastic set of results for the Sept 2006 Quarter. On a sale of 857 Cr it made a Operating Profit of 356.2 cr compared to 725 Cr Sales and 190 Cr. Operating Profit in the previous June 2006 Quarter. This is a big jump in Operating Profit Margins.
The Highlight of this quarter results is that it has made a Net Profit of 273. cr,. in this quarter which surpasses the Net Profit Figure of 211 cr for the full year 2005-2006.


The
share has gone Ex -bonus and is quoting 730. Has been an underperformer lately; but will certainly catch up; given its performance;; want to accumulate reddys on dips