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An Emerging Opportunity for Investors
India's Lithium Megatrend




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Pharma Sector Penny Stocks

Globally, India has the lowest manufacturing costs in the pharma sector. This ability to manufacture high quality and low-priced medicines, presents a huge business opportunity for the domestic industry.

India's cost of production is approximately 33% lower than that of the US.

Over the years, domestic pharma manufacturers have experienced a significant increase in R&D spending to be competitive in the world market.

The Covid-19 pandemic may as well turn out to be a blessing in disguise for pharma companies as it pushed them to expedite focus on various pharma segments.

Further, pharma companies' efforts have been supplemented by the government's production-linked incentive (PLI) scheme.

All of this puts the top pharma companies in India in a sweet spot.

However, the opportunities are not just limited to the big pharma companies. Even their smaller counterparts can make a breakthrough and get recognized.

If the smaller companies do have a major impact in the future, the pharma sector penny stocks could turn into future bluechips.

Here are some of the pharma sector penny stocks to add to your watchlist.

  • Alembic Ltd.
  • Morepen Laboratories Ltd.
  • Syncom Formulations (India) Ltd.
  • Rajnish Wellness Ltd.
  • Nectar Lifesciences Ltd.
  • Medico Remedies Ltd.
  • Zenotech Laboratories Ltd.
  • Ambalal Sarabhai Enterprises Ltd.
  • Gennex Laboratories Ltd.
  • Syschem (India) Ltd.
  • Sudarshan Pharma Industries Ltd.
  • Kimia Biosciences Ltd.
  • Lasa Supergenerics Ltd.
  • Krebs Biochemicals & Industries Ltd.
  • Bharat Immunologicals & Biologicals Corporation Ltd.

These companies could become the best pharma stocks in India.

Since pharma stocks interest you, check out our list of pharma stocks which has Indian pharma stocks and MNC pharma stocks.

You can also checkout our playlist on Pharma Stocks on Equitymaster's YouTube channel.


5 Best Pharma Penny Stocks in India

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India's ability to manufacture high quality and low-priced medicines presents a huge business opportunity for these pharma sector penny stocks.

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Why Dr Reddy's Lab Share Price is Falling

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Why Sun Pharma Share Price is Falling

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3 Caveats Before Considering the Mankind Pharma IPO

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Specialty Chemical Company Slips 5% on Market Debut. More Details Inside...

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This company recently concluded its IPO on the BSE SME segment where the issue price was set at Rs 73.

I Asked ChatGPT to Choose Between Laurus & Divis Labs. Here's What it Replied.

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Why Did Rakesh Jhunjhunwala and Associates Sell Stake in this Smallcap Company?

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Rekha Jhunjhunwala, wife of late ace investor Rakesh Jhunjhunwala sold 0.5% stake in this company.

Can Pharma Stocks Rally in 2023 with Rising Covid Cases?

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With Covid cases rising, pharma stocks have once again started to rally. But my technical indicators suggest the rally may not last.

Why Aurobindo Pharma Share Price is Falling

Dec 8, 2022

The shares of this pharma company is trading just 1% away from its 52-week low. Here's why.

Why Biocon Share Price is Falling

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Share price of Biocon hit a 52-week low recently. Here's why the pharma stock is continuously falling.




FAQs

Which are the top pharma companies in India?

Based on marketcap, these are the top pharma companies in India:

You can see the full list of pharmaceuticals stocks here.

And for a fundamental analysis of the above companies, check out Equitymaster’s Indian stock screener which has a separate screen for top pharma companies in India .

What are the top gainers and top losers within the pharma sector today?

Within the Pharmaceuticals sector, the top gainers were ACHYUT HEALTHCARE (up 7.4%) and JUBILANT INDUSTRIES (up 5.0%). On the other hand, PATIDAR BUILDCON (down 5.0%) and SIGACHI INDUSTRIES (down 5.0%) were among the top losers.

For more, please check out our pharma sector report.

Where can I find a list of pharma stocks?

The details of listed pharma companies can be found on the NSE and BSE website.

For a more curated list, you can check out our list of pharma stocks which has Indian pharma stocks and MNC pharma stocks.