Stocks in the pharmaceutical (pharma) sector have had a dream run so far in 2023-24 (FY24), with the National Stock Exchange NSE Nifty Pharma index surging 58.2 per cent in this period, as against a dip of 11 per cent in 2022-23 (FY23), reveals Ace Equity data. The index has also outperformed the Nifty 50, which has risen 28.7 per cent in the current financial year. Among stocks, Orchid Pharma has given a handsome return of 210 per cent, followed by Lupin's 157 per cent jump so far in 2023-24 (FY24).
Others like Suven Life Sciences, Venus Remedies, and Aurobindo Pharma have surged 127 per cent, 111 per cent, and 110 per cent, respectively. Jubilant Pharma, Alembic Pharma, and Glenmark Pharmaceuticals have moved up 103 per cent, 102 per cent, and 98 per cent, respectively.
Diese Geschichte stammt aus der March 07, 2024-Ausgabe von Business Standard.
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Diese Geschichte stammt aus der March 07, 2024-Ausgabe von Business Standard.
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