Quick Answer: Is Sun Pharma A Good Buy?

What’s wrong with Sun Pharma?

The 150-page letter accused the company of committing corporate governance and tax-related lapses, besides other securities market-related violations.

Sun Pharma, its Managing Director Dilip Shanghvi, and nine others had settled the insider trading probe, paying Rs 1.8 million against the settlement charges in 2017..

Which Pharma share is best to buy?

List of 17 Best Pharma Stocks to Buy In IndiaSr. No.Company NameRating1Sun Pharmaceutical Industries Ltd.1.02Dr. Reddys Laboratories Ltd.0.53Divis Laboratories Ltd.3.04Cipla Ltd.0.513 more rows•Sep 1, 2020

Is Sun Pharma Debt Free?

While it is always sensible to investigate a company’s debt, in this case Sun Pharmaceutical Industries has ₹38.6b in net cash and a decent-looking balance sheet. On top of that, it increased its EBIT by 6.0% in the last twelve months. So we are not troubled with Sun Pharmaceutical Industries’s debt use.

Why did Sun Pharma fall?

The U.S. drug regulator barred India’s largest pharmaceutical company’s Halol, Gujarat, facility from getting any fresh approvals for exporting to the American market.

Can I buy Sun Pharma shares?

It is perfectly legal for company insiders, including board members, to buy and sell stock in a company. However, most countries require that the company discloses such transactions to the market.

Who is owner of Sun Pharma?

Dilip ShanghviDilip Shanghvi is the founder of Sun Pharmaceutical Industries Ltd. and has extensive industrial experience in the pharmaceutical industry.

Is it the right time to invest in Sun Pharma?

Even as Indian share market traded with nearly 1.5 per cent cuts on Friday, taking cues from the global markets, Sun Pharma was among top four BSE Sensex gainers today. … Research and brokerage firms are upbeat on the stock and recommend it to buy with an upside of over 30 per cent at a price target of Rs 620.

Is Sun Pharma a good company?

Very Good company. Very good working culture. … Sun Pharma is a good company, but the work culture at the Mohali plant is worse.

Where is Sun Pharma located?

MumbaiSun Pharmaceutical Industries Limited (d/b/a Sun Pharma) is an Indian multinational pharmaceutical company headquartered in Mumbai, Maharashtra, that manufactures and sells pharmaceutical formulations and active pharmaceutical ingredients (APIs) primarily in India and the United States.

Is Dilip Shanghvi a doctor?

Dilip Shanghvi (born 1 October 1955) is an Indian billionaire businessman and one of the country’s richest people….Dilip ShanghviAlma materBhawanipur Education Society College, University of CalcuttaOccupationFounder and MD of Sun PharmaceuticalsNet worthUS$8.7 billion (September 2020)Spouse(s)Vibha Shanghvi4 more rows

What is the turnover of Sun Pharma?

PATYearly – Sun Pharmaceutical Industries Ltd.Rs (in Crores)Net Sales Turnover12531.937863.69Other Income1510.92445.09Total Income14042.858308.7835 more rows

Is Sun Pharma listed in US?

The world’s largest pharmaceuticals market is also the biggest market for Sun Pharma. … Sun Pharma is present in the US through its own legal entities as well as its subsidiary, Taro Pharmaceuticals.