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India Pharma – Non Covid-19 Portfolio Dominates Contribution For IPM Growth In August: Prabhudas Lilladher

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BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Prabhudas Lilladher Report

Indian pharma market is gradually gaining ground around core products, as non-Covid-19 portfolio led August 2021 growth.

We expect encouraging trend to continue as Covid cases remain low with more than 50% of total adult population vaccinated (at least one dose of vaccine).

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Low spread of Covid wave – three will augur well for IPM to maintain healthy growth of its core portfolio in H2 FY22E.

The growth trend of parameters like volume, value and new products of IPM were highly balanced in Aug 2021, which again indicates normalisation in the industry.

Click on the attachment to read the full report:

Prabhudas Lilladher Pharma Sector – August IPM.pdf

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