Pharma stocks in the limelight - Views on News from Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks


Login Failure
(Please do not use this option on a public machine)
  Sign Up | Forgot Password?  

Pharma stocks in the limelight

Nov 13, 2000

Pharma stocks have surged over the past couple of weeks. Growth funds with significant exposure to pharma sector will benefit from this growth.

Scheme Date of holding % Holding NAV 
 K MNC 3 Nov,2000 20.9 9.28
 Tata Tax Savings 30 Sep,2000 20.0 12.22
 Birla MNC Fund (Gr) 29 Sep,2000 20.0 29.37
 Dundee Tax Saver (App) 31 Aug,2000 17.1 9.88
 K 30 3 Nov,2000 16.4 15.75
 Franklin Growth Fund 31 Aug,2000 15.0 6.63
 Canganga 29 Sep,2000 14.8 10.11
 K P Prima Plus (Gr) 30 Sep,2000 14.6 21.16
 Canbonus 30 Sep,2000 14.3 9.68
 Canpep 1993 29 Sep,2000 14.3 20.75
 JM Balanced Fund (Gr) 31 Aug,2000 13.0 16.02
 Zurich (I) Top 200(Gr) 29 Sep,2000 11.4 12.74
 Canglobal 29 Sep,2000 11.3 7.09
 Sun F&C Balanced (Gr) 31 Aug,2000 11.0 7.91
 DSP ML Equity Fund 31 Aug,2000 10.0 16.72
 JM Equity Fund (Gr) 31 Aug,2000 10.0 10.25
 Cantriple 29 Sep,2000 10.0 19.53
(The above table does not consist pharma funds)

Over the last week pharma stocks have appreciated significantly as is evident from the table below.

Companies BSE – 30 S&P CNX Nifty
Cipla - 3.50%
Dr. Reddys 1.10% 1.30%
Ranbaxy 2.40% 3.20%
Glaxo 1.40% 0.90%

Pharma has long been ignored by funds in favour of technology, media, telecom (TMT) stocks. Given the knowledge-based nature of the industry, India’s expertise in pharma is second to none. Funds that realise this will no doubt reap the benefits over the long term.

Equitymaster requests your view! Post a comment on "Pharma stocks in the limelight". Click here!


More Views on News

Sorry! There are no related views on news for this company/sector.

Most Popular

India: Recovery Stalled by Vaccine Games? (The Honest Truth)

Apr 13, 2021

Ajit Dayal on how India's vaccine strategy will impact the markets.

4 Stocks to Make Your Portfolio Immune to the Second Covid Wave (Profit Hunter)

Apr 6, 2021

Rather than predicting the market, successful investing is more about preparing well and placing your bets accordingly.

A Stock with 700% Return Potential Comes with Additional Payoffs (Profit Hunter)

Apr 15, 2021

Narayana Murthy was one of the first unicorn founders to get the backing of this entity...

Why Did the Market Crash on Monday? (Fast Profits Daily)

Apr 13, 2021

In this video, I'll you what I think is the real reason behind yesterday's market crash.

A Unique Sector for Short-Term Profits (Fast Profits Daily)

Apr 12, 2021

This ignored sector could deliver big short-term profits.


India's #1 Trader
Reveals His Secrets

Secret To Increasing Your Trading Profits Today
Get this Special Report,
The Secret to Increasing Your Trading Profits Today, Now!
We will never sell or rent your email id.
Please read our Terms