India is often referred to as the "pharmacy to the world", ranking third worldwide in total production volume and tenth by value.
As per National Indian Promotion Agency, it is the largest producer of generic medicines and vaccines, occupying 20% volume share in generics and 62% in vaccines.
Pharmaceutical spending in India is projected to grow over the next decade, leading India to become one of the top 10 countries in terms of medicine spending.
Increasing penetration of the health insurance and pharmacies is expected to drive expenditure on medicine.
For more details, check out our pharma sector report.
You can also check out Equitymaster's powerful stock screener to find the top pharma and healthcare companies in India.
May 30, 2023
This pharma stock is rewarding shareholders with a hefty dividend of Rs 325 per share. Do you own it?
May 19, 2023
Leading API manufacturer Divi's Labs has seen a sharp fall in its share price. What next?
May 12, 2023
Dr Reddy's Lab shares tumbled 5%, even after reporting a ten-fold jump in Q4 net profit. Here's why.
Apr 30, 2023
China plus one, government's PLI scheme, and growing consumption are driving the growth of these five pharma companies.
Apr 26, 2023
This pharma MNC has just launched its global blockbuster vaccine in India. Will it be the turning point for this sleeping giant in 2023?
Apr 25, 2023
Every domestic pharma stock in India must contend with these woes.
Apr 20, 2023
Are the bitter days over for the Indian pharma sector? Here's what lies ahead.
Apr 7, 2023
A Travel and a Pharma Stock can be turnaround stories in 2023. Find out what factors can trigger a rerating in these stocks.
Mar 22, 2023
This company recently concluded its IPO on the BSE SME segment where the issue price was set at Rs 73.
Mar 14, 2023
Both growth and profitability can make this cost conscious business the next D-Mart.
May 23, 2023
Find out why Gland Pharma share price is bleeding on the bourses after its Q4 results.
May 13, 2023
A look at what India's top equity mutual funds bought and sold in April 2023.
May 11, 2023
The company's shares have plummeted 5% in a month. More details inside.
Apr 28, 2023
Has the pharma sector bottomed out? Find out as I decode the opportunity in the pharma sector.
Apr 25, 2023
Ipca Labs share price hits 52-week low after Unichem deal worth Rs 10 billion. How long before it recovers?
Apr 24, 2023
Multiple technical factors indicate that investors should avoid pharma stocks in the current market. More details inside...
Apr 18, 2023
The long-awaited Mankind Pharma IPO is opening soon. Find out key details inside.
Mar 30, 2023
Here's the monthly bonus and stock split update. In April 2023, these five smallcap companies are either issuing bonus shares or undergoing a stock split.
Mar 20, 2023
I'm opening the door to my first batch of 20 high potential momentum stocks.
Mar 7, 2023
Rahul Shah asks ChatGPT whether Laurus is a better investment than Divis.