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Expect growth in pharma to continue in 2021: Dr Reddy

Updated Jan 11, 2021 | 15:42 IST In an exclusive interaction with ET Now we spoke to GV Prasad, Co-chairman and Managing Director, at Dr Reddys Laboratories. Screengrab&nbsp Nifty Pharma Index has given returns of 60% making it one of the best performing sectors for the first time since 2015. Nifty Pharma has gained nearly 4x vs Nifty in 2020 with Nifty being up nearly 15% in 2020. Since March 2020 low Pharma as an index is up 85%. From the lows of 2020, Pharma stocks l...
Indian Pharma Aurobindo Cipla Pharma Index Managing Director Dr Reddy S Dr Reddys News

Bullish on pharma despite the run-up: Ravi Dharamshi

Ravi Dharamshi, CIO, ValueQuest Investment Advisors who tracks pharma very closely says that Covid crisis acted as a catalyst for pharma stocks to rally but Indian pharma companies have more legs for growth across the region and the rally is not only related to Covid. He added that growth opportunity for Indian Pharma companies in the US is large with high growth areas like Biosimilars, Inhalers & Complex Molecules. He also said that API players in India are looking interesting at global giants...
Indian Pharma Narendra Modi Aurobindo Cipla Ravi Dharamshi Minister Narendra Modi Photo Credit

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