Dr. Reddy's Fiscal Fourth-Quarter Results Broadly Met Our Expectations
Dr. Reddy's fiscal fourth-quarter results mostly tracked our expectations. While the company's North American generics top line continued to improve, we don't anticipate any major changes to our fair value estimate, and we are reiterating our no-moat rating.The company's global generic revenue performance was healthy across regions during the quarter. The segment's overall revenue grew by roughly 9%, with robust strength across the board. Dr. Reddy's generic drug revenue saw roughly 27% growth ...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
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