Centrum Broking: Aarti Drugs Delivers Stellar Q2 Performance; Strong Growth Outlook

Centrum Broking: Aarti Drugs Delivers Stellar Q2 Performance; Strong Growth Outlook

Tablets arranged for a photograph in Mumbai, India. (Photographer: Dhiraj Singh/Bloomberg)  

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Centrum Broking Report

Aarti Drugs Ltd.’s Q2 FY21 results continued to deliver stellar performance. The earnings were marginally ahead of our estimates.

The active pharmaceutical ingredient industry has experienced overall sustained price inflation across product baskets and strong volume demand.

Most of the pharma players across the globe are working on securing most reliable APIs sources.

India plays crucial role in global pharmaceutical supply chain which would enhance its overall market share.

Indian government is also supporting the industry with Production Linked Incentive scheme and has allowed even exports as part of the scheme.

Click on the attachment to read the full report:

Centrum Broking Aarti Drugs Q2FY21 Results Update .pdf
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