Indian Pharma : Time to swallow a bitter pill

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. Continue reading “Indian Pharma : Time to swallow a bitter pill”