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.
ICICI Direct Report
Continuity of domestic formulations growth with increasing share of non Covid-19 portfolio is likely to drive Q2 FY22 sales even as expected weakness in the U.S. generics space could act as a spoiler for overall momentum.
Our healthcare universe (12 coverage companies) is expected to post YoY growth of ~5.5% to ~Rs 46123 crore.
Domestic formulations (select pack) are expected to grow ~14% to Rs 11219 crore due to continuous traction from acute segment (momentum began from Q1) besides normalised trend in the chronic segment.
We expect a significant shift in growth momentum from Covid to non-Covid portfolio on the back of receding active cases and growing vaccination drive across the country.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
POPULAR