Healthcare stocks were trading in the positive zone, with the S&P BSE Healthcare index rising 158.02 points or 0.71% at 22368.25 at 09:49 IST. Among the components of the S&P BSE Healthcare index, Albert David Ltd (up 5.2%), Indraprastha Medical Corporation Ltd (up 3.82%),Metropolis Healthcare Ltd (up 3.62%),Aster DM Healthcare Ltd (up 3.49%),Thyrocare Technologies Ltd (up 3.2%), were the top gainers. Among the other gainers were Aarti Drugs Ltd (up 3.11%), Granules India Ltd (up 2.9%), Vimta Labs Ltd (up 2.57%), Cadila Healthcare Ltd (up 2.55%), and IOL Chemicals & Pharmaceuticals Ltd (up 2.44%). On the other hand, Neuland Laboratories Ltd (down 2.48%), Laurus Labs Ltd (down 1.42%), and Ipca Laboratories Ltd (down 1.14%) moved lower.
Healthcare stocks were trading in the positive zone, with the S&P BSE Healthcare index rising 90.64 points or 0.42% at 21619.17 at 09:49 IST. Among the components of the S&P BSE Healthcare index, Neuland Laboratories Ltd (up 6.87%), Shalby Ltd (up 5.5%),Indraprastha Medical Corporation Ltd (up 5.07%),IOL Chemicals & Pharmaceuticals Ltd (up 4.24%),Thyrocare Technologies Ltd (up 3.98%), were the top gainers. Among the other gainers were Suven Life Sciences Ltd (up 3.75%), Dr Lal Pathlabs Ltd (up 3.39%), Apollo Hospitals Enterprise Ltd (up 3.33%), Poly Medicure Ltd (up 3.21%), and Indoco Remedies Ltd (up 3%). On the other hand, Take Solutions Ltd (down 3.6%), Astrazeneca Pharma India Ltd (down 3.21%), and Gufic BioSciences Ltd (down 2.07%) moved lower.
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Healthcare stocks were trading in green, with the S&P BSE Healthcare index increasing 423.47 points or 2.01% at 21486.76 at 09:48 IST. Among the components of the S&P BSE Healthcare index, Unichem Laboratories Ltd (up 6.83%), Neuland Laboratories Ltd (up 6.59%),Ajanta Pharma Ltd (up 6.53%),Alembic Ltd (up 6.31%),IOL Chemicals & Pharmaceuticals Ltd (up 5.2%), were the top gainers. Among the other gainers were Wockhardt Ltd (up 4.42%), Dr Reddys Laboratories Ltd (up 4.03%), Suven Life Sciences Ltd (up 3.91%), Take Solutions Ltd (up 3.29%), and Granules India Ltd (up 3.22%). On the other hand, Strides Pharma Science Ltd (down 1.6%), Dr Lal Pathlabs Ltd (down 1.03%), and ERIS Lifesciences Ltd (down 0.52%) turned lower.
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The global ibuprofen market is projected to reach US$7.54 billion in 2024, progressing at a CAGR of 2.47%, over the period 2020-2024. The factors such as upsurge in healthcare expenditure, rising prevalence of arthritis, surging incidence of cancer cases, expanding urbanization and escalating sales of analgesic drugs would drive the growth of the market. However, the market growth would be challenged by adverse side effects and increase in the price of raw materials. A few notable trends include mounting e-commerce penetration, upswing in sports injuries, surging occurrence of chronic disorders and increasing public awareness.