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Buy TTK Healthcare; target of Rs 1080:Firstcall

Firstcall is bullish on TTK Healthcare and has recommended buy rating on the stock with a target price of Rs 1080 in its research report dated December 10, 2015.

December 17, 2015 / 14:04 IST
     
     
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    Firstcall's reserach report on TTK HealthcareThe company was incorporated in 1958 and is headquartered in Chennai, India. TTK Healthcare Limited operates as a subsidiary of TT Krishnamachari & Co., Ltd. TTK Healthcare Limited primarily engages in pharmaceuticals, consumer products, and medical devices businesses. The company’s Pharmaceuticals division deals in herbal and allopathic formulations in various therapeutic areas. It offers delivery care, female healthcare, haematinic, pain management, neurotrophic, gastro intestinal, male and female fertility, nutrition, cardiac care, derma, urinary specialties, and respiratory care products, as well as calcium supplements. The company’s Consumer Products division is involved in the marketing of products under its own brands, including Woodward's Gripe Water and Baby Soap, EVA deodorants and talc products, and the Good Home range of homecare products; and handling the distribution of Brylcreem haircare and toiletry products. Its Medical Devices division manufactures and distributes heart valve prosthesis; and focuses on the development of orthopedic implants and instruments under the Altius brand name.We recommend ‘BUY’ in this particular scrip with a target price of Rs. 1080.00 for Medium to Long term investment.

    For all recommendations, click here Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

    first published: Dec 17, 2015 02:04 pm

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