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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.


Rajnish Wellness: A Backdoor Play to Profit from India's Railway Boom

Apr 11, 2024

This pharma sector penny stock is taking a giant leap in developing medical facilities at railways stations.

5 Best Pharma Penny Stocks in India

Mar 3, 2024

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

Why Navin Fluorine Share Price is Falling

Sep 29, 2023

Shares of Navin Fluorine tanked 13% today. Read on to find out why.

Why Dr Reddy's Lab Share Price is Falling

May 12, 2023

Dr Reddy's Lab shares tumbled 5%, even after reporting a ten-fold jump in Q4 net profit. Here's why.

Are Bitter Days Over for Pharma Stocks?

Apr 28, 2023

Has the pharma sector bottomed out? Find out as I decode the opportunity in the pharma sector.

Pharma Stocks: Is a Re-rating on the Cards?

Apr 20, 2023

Are the bitter days over for the Indian pharma sector? Here's what lies ahead.

Why Cipla Share Price is Falling

Mar 2, 2023

One of the best pharma stocks in India, Cipla is starting to show signs of downtrend after a decent rally in early 2023. What next?

What's Common Between Investing in China & My Midcap Recommendations?

Feb 20, 2023

Charlie Munger's interesting take on investing in China and the lesson to be learnt from it.

Can Pharma Stocks Rally on Covid Cases?

Dec 29, 2022

Should you buy into the pharma stock rally in the stock market? Find out...

Why Metropolis Healthcare Share Price is Falling

Dec 20, 2022

This pharma company hit a new 52-week low Here's why.

Beyond Pharma: Top 10 Medical Equipment Stocks to Add to Your Watchlist

Mar 11, 2024

Pharma companies won't be the only ones to benefit as the sector grows. Medical equipment stocks could also come into play.

Why Glenmark Pharma Share Price is Rising

Oct 3, 2023

Glenmark Pharma shares surge 10% in a day. What's driving the rally?

Yatharth Hospital IPO: 5 Things to Know

Jul 25, 2023

From grey market premium to price band, here's everything you need to know about the upcoming IPO.

Why Sun Pharma Share Price is Falling

May 11, 2023

The company's shares have plummeted 5% in a month. More details inside.

3 Caveats Before Considering the Mankind Pharma IPO

Apr 25, 2023

Every domestic pharma stock in India must contend with these woes.

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

Mar 22, 2023

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.

Feb 27, 2023

How ChatGPT refused to compare two pharma stocks and left the decision to us.

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

Jan 10, 2023

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?

Dec 27, 2022

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.




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 13.7%) and SOLARA ACTIVE PHARMA SCIENCES (up 12.2%). On the other hand, CHANDRA BHAGAT PHARMA (down 11.1%) and PATIDAR BUILDCON (down 10.0%) 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.