Last Updated on 2 weeks ago by Raj Kumar
Top Pharma companies India
Ever since the COVID-19 outbreak in India from 2020, All the Pharmaceutical companies in focus. Investors believe that the Pharmaceutical companies will have windfall gains because of the pandemic.
We have seen that the demand for Pharmaceutical stocks have gone higher than usualanticipating good revenue and profits. In this article let’s have a look at top Pharma companies India.
List of top Pharma companies India
Here is a list of top Pharma companies India
|Company / Stock||Stock Price||52 wk high||52 wk low||Market Cap |
|Dr Reddys Labs||5067.3||5514.65||3613.45||84269.82|
|SOLARA ACTIVE P||1540||1625||439||5533.18|
|Suven Life Sci||97.95||115.8||30.45||1246.73|
|Denis Chem Lab||50.3||61.6||30.05||69.8|
|Guj Terce Labs||9.54||10.27||6.7||7.08|
Overview of Pharma companies in India
Indian pharma company stocks had a dream run from 2009 till 2016. Most of the stock went 10x during this time. The S&P BSE Healthcare Index jumped almost six times in seven years in its previous bull run from 2009 to 2016. That gives a handsome CAGR of almost 30% in 7 years. However all pharma stocks started falling since 2016 due to various issues like US FDA approvals etc.
If you consider TCS/Infosys/Wipro etc to be tech hub for world then Indian pharma companies are phrama hub of the world. They have managed to consistently be leaders in the manufacturing of generic drugs both domestically and globally. Drugs manufactured in India goes to various developed economies such as the USA, UK and the EU.
Like the software companies in India. , Indian pharma companies enjoy a cost advantage too, since the drugs manufactured are more affordable and help to reduce the ever-inflating healthcare budgets of the global economy.
The Indian pharma stocks were always seen as the best defensive bets because of their resilience in the time of recession as these companies are least impacted to any outside factors.
FAQ on Indian Pharma companies
Is Bharat Biotech stock listed in stock market?
No.Bharat Biotech stock is not listed in Indian stock market.
Ever since the story of COVAXIN being manufactured by Bharat Biotech ltd came to news , It created a huge interest in investors Community to invest in Bharat Biotech stock but unfortunately Bharat Biotech stock is not listed in Indian stock market.
Is Serum Institute of India Stock listed in stock market?
No. Serum Institute of India Stock is not listed in stock market.
Serum Institute of India is the manufacture for COVISHIELD and is the largest manufacturer of the vaccine in India. The interest for Serum Institute of India Stock price has gone manifold after the recent news of Indian govts rushing to give orders to the company.
Which pharma company is making COVID vaccine in India?
Bharat Biotech, Serum Institute of India, Zydus Cadila, Panacea Biotec, Indian Immunologicals, Mynvax and Biological E are among the domestic Indian pharma firms working on the coronavirus vaccines in India.
As of May 2021, vaccines from only Bharat Biotech (COVISHIELD) and Serum Institute of India (COVAXIN) are approved by the Indian Govt.
Which Pharma companies are going to benefit from COVID-19 pandemic?
While most of the Indian pharma companies going make decent profits from the pandemic related health expenses. It’s the vaccine manufacturers like Bharat Biotech ltd and Serum Institute of India may emerge as the 2 companies making most profit by producing vaccines at large scale.