AllAnalyst Report
logoMorningstarDecember 07, 2021

Dr. Reddy's Laboratories Limited: Dr. Reddy's Posts Solid Results After Strong Season of Product Launches

Symbols
RDY
Sector(s)
Healthcare
Rating
Current Price
$62.64
Fair Value
Economic Moat
Stewardship
Summary

With headquarters in India, Dr. Reddy's Laboratories develops and manufactures generic pharmaceuticals. The firm operates in three divisions: global generics, pharmaceutical services and active ingredients, and proprietary products and other, which make up most of the company's revenue. Most of the company’s sales are based in the United States.

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Analyst Profile

Damien Conover

Sector Director
Damien Conover, CFA, is director of healthcare equity research for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. He is also director of equity strategy, responsible for helping to shape, package, and surface research based on Morningstar's investment philosophy by working closely with the firm's North American sector strategists and directors.Before joining Morningstar in 2007, Conover was an equity research analyst covering the healthcare sector for Raymond James, Bank of Montreal, and Tucker Anthony.Conover holds bachelor's and master's degrees in finance from the University of Wisconsin and was a member of its Applied Security Analysis Program. He also holds the Chartered Financial Analyst® designation.