This chart shows claim settlement ratio of life insurance companies... Read On
India's exports have been on a major slide. You could blame it on global slowdown or plunge in oil prices. Export performance of India for top ten segments during calendar year 2015 has been a disappointing one. However, the Pharmaceutical sector, which is an important contributor to India's exports, stood out in terms of export performance.
The US is the prime destination for Indian generic drugs. Geographies such as Europe and emerging markets like Brazil, Mexico, Russia, South Africa and South-East Asia regions too are important buyers of Indian drugs.
But majority of these geographies posed critical challenges for the pharma companies in the year gone by. If crackdowns by the US FDA were not enough, slowdown in emerging markets. And currency risks have added to the woes. But despite the headwinds the pharma pack could manage growth in exports. So how should investors benefit from the opportunity in pharma space?
The India Letter team has an answer.
Recently, the team recommended a stock which is a leading supplier for generics in the global markets over several years now.
And they have reasons to believe that the best pharma companies will not lose their edge anytime soon.
While we cannot reveal the stock, here is a short except from the report...
Data Source: SBI Ecowrap
This Chart Of The Day was published in The 5 Minute WrapUp - Stocks for a Twenty-Year Drought
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