Equity / Stocks - Pfizer - A Safe Buy in MARKETS - CMP: 1185
Pfizer Limited is a healthcare company focusing on pharmaceuticals and consumer products. The Company has three divisions in ...
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02-05-2012 02:43 PM
Pfizer - A Safe Buy
CMP: 1185
Pfizer Limited is a healthcare company focusing on pharmaceuticals and consumer products. The Company has three divisions in India - pharmaceuticals, animal health and research & development. Two of Pfizer India's known brands are, Corex-a cough formulation and Becosules-a multivitamin.
Pfizer is a decent bet in mid-cap pharma space. Its currently trading at a P/E of less than 18 with dividend yields of well over 1% in the last 12 months. It runs at Zero debt with 577 Crores cash in hand adding more value to investors making it a safe buy. Revenues have steadily risen from 673 Crores to 1245 Crores in the last 5 years. Profits have fluctuated around 200 Crores in the last 5 years. Buy and book profits when Nifty peaks.
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