TORRENT PHARMACEUTICALS (BOM: 500420) Shares
ABOUT TORRENT PHARMACEUTICALS
Torrent Pharmaceuticals Limited is an Indian pharmaceuticals developer, and the flagship company of the Torrent Group. The company has a history dating back to 1971, when it emerged after the rebranding of Trinity Laboratories as Torrent Pharmaceuticals Limited.
In 1983 the company expanded its international footprint when it became the first Indian exporter to the USSR. By 2001 the company was ranked in the top 10 Indian Companies in terms of Return on Capital Employed.
In 2002 the company enhanced its portfolio when it discovered and patented the AGE molecule. In the following year the company established Torrent Pharma Inc in the US, as well as Torrent Pharma Philippines Inc.
In 2018 the company acquired the US company Bio-Pharm, Inc, establishing the company’s first overseas manufacturing unit.
OVERVIEW OF TORRENT PHARMACEUTICALS
Torrent Pharmaceuticals Limited is one of the leading pharmaceutical companies in India. With a significant presence in more than 40 countries, the company enjoys strong technical capabilities and international accreditations. To enable strategic differentiation, the company’s international business is segregated across the US, UK, Germany, Europe, and Brazil.
Torrent Pharmaceuticals Limited has a robust sales and distribution network and actively partners with the medical fraternity in order to ensure the quality of its products. The company’s product pipeline aids the medical fraternity in bridging the gap between multiple therapy areas.
- Torrent Pharmaceuticals Limited is ranked amongst the leaders in the therapeutic segment of cardiovascular (CV), central nervous system (CNS), gastro-intestinal (GI) and women’s healthcare (WHC). The company also has a significant presence in diabetology, pain management, gynecology, oncology and anti-infective segments.
- The company has a strong domestic presence in India with modern manufacturing facilities, 23 sales divisions with a wide customer coverage through over 5000 stockists and 5 9000 retailers, serviced through 22 distribution centres across India. Added to this, the company’s wholly owned subsidiaries in Germany and the UK spearhead its operations in the EU territory. Both these markets have shown impressive growth to date.
VISION & VALUES OF TORRENT PHARMACEUTICALS
Torrent Pharmaceuticals Limited makes continuous efforts through its CSR activities to give back to society.
The company strongly believes that the sustainability of any business is directly related to the well-being and development of the society in which it is embedded.
- The company’s main CSR objectives are focused on sanitation, education, and social upliftment. These activities are mainly operational in and around the various locations in which the company operates.
MARKET PERFORMANCE OF TORRENT PHARMACEUTICALS
Torrent Pharmaceuticals Limited trades on the Bombay Stock Exchange (BSE), where investors can buy shares under stock symbol BOM: 500420.
Data from the company’s 2019 financial analysis shows reported revenues of Rs 7 673 crores, reflecting growth of 29% compared with Rs 5 950 crores in the previous financial year.
Torrent Pharmaceuticals 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 2020 and in the future.
LATEST NEWS TORRENT PHARMACEUTICALS
Buy TORRENT PHARMACEUTICALS stocks / shares – ? A Step by Step Guide how to Buy / Purchase TORRENT PHARMACEUTICALS 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 TORRENT PHARMACEUTICALS 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 TORRENT PHARMACEUTICALS 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 $5 stock, multiply 100 by $5 to get $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 TORRENT PHARMACEUTICALS 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 TORRENT PHARMACEUTICALS 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 TORRENT PHARMACEUTICALS 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?