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Outperformance of Pharma Sector During COVID-19

On March 13th, 2020 the Pharma index on National Stock Exchange made a low of 6242.85 since from that day the pharmaceutical stock has given a tremendous return.

The pharma index made a high of 14282.90 an up move of 8040.05 points with almost 40% returns in 1 year and it has been assumed that the future outlook of the Indian Pharmaceutical industry will have a 3 times growth from till next decade. Indian domestic market is estimated to grow around US$ 41 billion by 2021 and may reach US$ 65 billion by 2024.

These growth figures indicate that in long term the pharma sector can be a game-changer for the investors along with a great contribution to the countries economy. We are the major suppliers of generic medicines & drugs across the globe and with new PLI schemes and government intervention for 100% FDI the pharmaceutical industry will witness new growth ahead in the future. 

The contribution of around 1.72 % to the GDP of the country, makes a significant mark. Earlier it was only 1% in last decade. Lots of research & development programs, FDI inflow opens new avenues for the industry to grow further.

The flow of $ 16.5 billion by FDI in April 2000-June 2020, due to 100% FDI is approval in greenfield projects via automatic route & 74 % FDI for brownfield projects. 

The efforts made by pharmaceutical companies to overcome the current Covid-19 crisis with the help of the Indian government show the robustness itself.

We are the largest manufacturer of vaccines across the globe, and the fight against COVID-19 will not be successful without Indian vaccine manufacturers. We were the first to produce the vaccination for Covid-19.

With this outperformance, many companies turned out to be multi-baggers for the investors. 

Orchid Pharma Ltd

The company manufactures a wide range of APIs for oral cephalosporins, beta-lactams formulation, Special nutraceuticals, etc. The company is also engaged in formulation development for various segments like anti-oxidants, oral anti-diabetics. 

The return given by the company is 25,770.64% in one year with 52 weekly low of Rs.17.15 & made a high of Rs.2654.25

Bafna Pharmaceuticals Ltd.

The company engaged in the manufacturing pharmaceutical formulations of Betalactum and Non-Betalactum products

The return given by the company is 567.32% in one year with 52 weekly low of Rs.20.35 & made a high of Rs.233.55

Kopran Ltd 

The company engaged in the manufacturing and supplying of International Quality Formulations and Active Pharmaceutical Ingredients worldwide. 

The return given by the company is 562.09% in one year with 52 weekly low of Rs.27.05 & made a high of Rs.234

Beta Drugs Ltd 

The company manufactures & markets drugs for domestic & international customers, Primarily engaged in the manufacturing of oncology products It includes anti-cancer tablets, Injections & lyophilized injections.

The return given by the company is 520.00% in one year with 52 week low of Rs.47. & made a high of Rs.350.20

Laurus Lab Ltd.

The company offers an integrated portfolio of API which includes intermediates, generic finished dosage forms and carries out contract research services. 

The return given by the company is 476.39% in one year with 52 weekly low of Rs.92.80. & made a high of Rs.544.95

Wanbury Ltd 

The company engaged in the business of manufacturing of formulations Active Pharmaceutical Ingredient(API) and Contract Research and Manufacturing Services.

The return given by the company is 425% in one year with 52 weekly low of Rs.19.05 & made a high of Rs.114.00

Neuland Laboratories Ltd

The Company is a leading manufacturer of active pharmaceutical ingredients & an end-to-end solution provider for the pharmaceutical industry.

The return given by the company is 423.19% in one year with 52 weekly low of Rs.387.75 & made a high of Rs.2844.40

Solara Active Pharma Science Ltd.

 The company is pure play for API & engaged in the manufacturing & development of API. It also offers Contract Manufacturing & development services for foreign companies.

The return given by the company is 215.97% in one year with 52 week low of Rs.516.35 & made a high of Rs. 1859.95

Aarti Drugs Ltd 

The company is one of the major pharmaceutical manufacturers in the country. It is engaged in the manufacturing of pharmaceuticals. It also operates in the anti-diarrhoea anti-inflammatory and anti-biotic therapeutic segments.

The return given by the company is 201.72% in one year with 52 week low of Rs.227.75 & made a high of Rs. 1026.95

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