Indian Pharma along with Indian IT is the most unloved sector when the market is near its all time high with the Nifty at 9,000+. We get interested in well run companies when they re available at attractive prices. The prices could be attractive from a PE multiple or attractive from a psychological level i.e. close to their 52 week lows. We found some interesting names and are looking at them as portfolio after investing the company specific issues.
We analyzed the following pharma companies, looking at their current price in relation to their 52 week low.
We used the data from Google Finance, considering the closing price as of 4-Apr-17.
Price = Closing price as of 4-Apr-17
H52 = 52 week high price
L52 = 52 week low price
Price/L52 = Price/Low 52 -1
MCap = Market Cap (Rs cr)
|Dr Reddys Labs||2637.1||3689.85||2555.2||3%||#N/A||43,812|
Categories: Stock Views