Is Sun Pharma overvalued?
Is Sun Pharma overvalued?
Price to Book Ratio PB vs Industry: SUNPHARMA is overvalued based on its Price-To-Book Ratio (4.3x) compared to the IN Pharmaceuticals industry average (2.4x).
Will Sunpharma shares increase?
Tomorrow’s movement Prediction of Sun Pharmaceuticals Industries Limited SUNPHARMA as on 16 Jun 2022 appears undecisive. It can be Bearish or Bullish. You should wait for the first half to take a decision on this stock….Munafa value: 44 as on 16 Thu Jun 2022.
| Strong resistance | 921 |
|---|---|
| Strong support | 500 |
Has Sun Pharma declared dividend?
Sun Pharmaceutical Industries Ltd. For the year ending March 2022 Sun Pharmaceutical Industries has declared an equity dividend of 1000.00% amounting to Rs 10 per share. At the current share price of Rs 865.10 this results in a dividend yield of 1.16%.
Is Sunpharma a good buy for long term?
Sun Pharma’s various initiatives over the last five years are beginning to bear fruit and the valuations have captured the shift. But with different growth levers, the stock is still a good one to hold for the long-term.
Is IOC giving dividend in 2022?
IOC Share Dividend IOC has also declared a final dividend of Rs 3.60 per equity share (pre-bonus), which translates into a final dividend of Rs 2.40 per equity post-bonus for the financial year 2021-22. The final dividend is in addition to the interim dividend of Rs 9 per share (pre-bonus) paid earlier.
Is Sun Pharma Debt Free?
Based on the latest financial disclosure, SUN PHARMACEUTICAL has a Total Debt of 98.93 B. This is much higher than that of the Healthcare sector and significantly higher than that of the Drug Manufacturers – Specialty & Generic industry. The total debt for all India stocks is significantly lower than that of the firm.
Is it safe to invest in Sun Pharma?
Sun Pharma stock has rewarded investors with a 47.1 percent return in the past one year, exceeding the Nifty50’s 23.1 percent rise by a wide margin. The brokerage retained its ‘buy’ rating on the Sun Pharma stock with a target price of Rs 1,070.
Will IOC give bonus?
IOC bonus share will be issued in the ratio of 1:2 which means one new bonus equity share of face value Rs 10 each will be given to the existing shareholders for every two equity shares.
Is IOC giving dividend in 2021?
The final dividend is in addition to the Interim Dividend(s) of Rs. 9.00 per share (pre-bonus) paid for the financial year 2021-22.
Should I invest in Sun Pharma?
Is IOC giving bonus shares in 2021?
IOC Share Dividend IOC has also declared a final dividend of Rs 3.60 per equity share (pre-bonus), which translates into a final dividend of Rs 2.40 per equity post-bonus for the financial year 2021-22.