Domestic Markets To Boost Pharma Sector Growth, Says KRChoksey
Tablets move along the production line before packaging at a drug manufacturing facility in Russia. (Photographer Andrey Rudakov/Bloomberg)

Domestic Markets To Boost Pharma Sector Growth, Says KRChoksey

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.

KRChoksey Report

Pharma companies are expected to continue their stellar performance in Q3 FY21, after recovering from Covid-19 driven disruptions in previous quarters.

Q2 FY21 management commentary suggested robust growth opportunities from U.S. and other export markets for Indian pharma companies, along with opportunities arising from Covid-19 related challenges in the Indian Market.

New product approval from U.S. Food and Drug administration is expected to further fuel the growth trajectory of Indian Pharma Companies.

For Q3 FY21, we expect our coverage universe to post 12.3% YoY growth in sales.

From our coverage universe, we expect all the pharma companies to report growth in their operating metrics.

Click on the attachment to read the full report:

KRChoksey Research Pharma Sector Q3FY21 Preview.pdf

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