ICICI Direct: Healthcare Sector Q2 Earnings Preview - Exports To Drive Growth As Normalised Domestic Growth Yet To Resume
An employee scoops up tablet cores for inspection at a pharmaceutical plant. (Photographer Hannelore Foerster/Bloomberg)

ICICI Direct: Healthcare Sector Q2 Earnings Preview - Exports To Drive Growth As Normalised Domestic Growth Yet To Resume

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

ICICI Direct Report

The ICICI-Direct healthcare universe is expected to post YoY growth of 1.5% to Rs 35,944 crore on the back of currency driven growth in U.S. formulations even as domestic growth is crawling back to normal.

While domestic growth is still expected to continue to be impacted due to weak demand (acute segment) and lower medical representative footfalls, U.S. formulations are expected to grow due to ramp-up in specialty products and new launches supported by currency tailwinds.

Click on the attachment to read the full report:

ICICI Direct Healthcare Q2FY21 Result Preview.pdf

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