SANOFI INDIA (BOM: 500674) Shares
ABOUT SANOFI INDIA
Sanofi India Limited (BOM: 500674) is a leading healthcare company with a history dating back to 1956, when it was first incorporated under the name Hoechst Fedco Pharma Private Limited.
Sanofi India Limited is 60.4% owned by parent company Sanofi, and its 100% shareholder Hoechst GmbH. The company’s portfolio offers therapeutic solutions in diabetes, cardiology, thrombosis, anti-histamines and central nervous system disorders.
The company remains focused on developing its expertise, capability and capacity, and as a result, four of its products have been ranked amongst the top 100 pharmaceutical brands in India.
OVERVIEW OF SANOFI INDIA
Today, Sanofi India Limited produces 10 billion tablets annually, and caters to 95% of the domestic requirements of indigenous products. The company has more than 100 000 employees, representing 145 nationalities. The company has a global presence in 100 countries, and provides healthcare solutions to over 170 countries around the world.
Sanofi India Limited is ranked amongst the top pharmaceutical providers in the world, with five global business units and other major healthcare centres. The company has two manufacturing sites in Ankleshwar and Goa.
- These sites manufacture products according to stringent global quality guidelines, and are also approved by regulatory agencies such as the UK’s Medicines and Healthcare Products Regulatory Agency (MHRA). In addition, regulatory approvals as per Indian Legislation also endorse the quality and safety of the products manufactured at the company’s sites.
- Sanofi India Limited also manufactures its products through third party manufacturers. The company’s various dosage forms include tablets, capsules, drops, ampoules, vials, creams and ointments. These products are manufactured in accordance with the same quality standards as those prevalent at the company’s own manufacturing sites for domestic consumption and for export to Russia, the Ukraine and other CIS countries.
VISION & VALUES OF SANOFI INDIA
Sanofi India Limited integrates a commitment to social upliftment as a central value of its corporate ethos. The company’s Joy in Outreach initiative is an employee volunteering platform connecting employees with NGOs in the areas of environment, education, and old age welfare, among others.
The initiative allows like-minded employees to form teams which serve the community in unison.
MARKET PERFORMANCE OF SANOFI INDIA
Sanofi India Limited trades on the Bombay Stock Exchange (BSE), where investors can buy shares under the stock symbol BOM: 500674.
Data from the company’s 2019 financial analysis shows Revenue from Operations of Rs 27 708 million above Rs 24 914 million in the previous year, representing a growth of 11%. Net revenue from India, which constituted 70% of Net Revenue from Operations, increased from Rs 18 345 million to Rs 19 515 million, reflecting a growth of 6%. Exports revenue, which contributed 30% of Net Revenue from Operations, increased from Rs 6 569 million to Rs 8 193 million, representing a growth of 25%.
Sanofi India Limited’s strong performance has allowed investors to buy or sell shares with confidence, providing sound dividends and a solid buy-in for those who choose to purchase shares in 2022 and in the future.
LATEST NEWS SANOFI INDIA
Buy SANOFI INDIA stocks / shares – A Step by Step Guide how to Buy / Purchase SANOFI INDIA Stocks or Shares online.
Before buying any stock or share one has to consider a few factors.
STEP 1: PROPER RESEARCH IS ESSENTIAL
Upon deciding you want to buy SANOFI INDIA Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.
Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.
STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN SANOFI INDIA STOCKS / SHARES
It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.
STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE
Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.
STEP 4: OPEN A BROKERAGE ACCOUNT
A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.
STEP 5: COMMIT AND PURCHASE SANOFI INDIA STOCKS / SHARES
Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out. Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of SANOFI INDIA stocks / shares.
5 Questions to ask yourself before purchasing any stocks or shares.
- Is it the best time to buy this stock / share?
- Should I buy SANOFI INDIA stocks / shares in the current economic climate?
- Can I afford to buy this stock / share?
- What is the forecast of the stock / share growth?
- What is the current price per earning ration on the stock / share?