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Stocks of pharmaceutical sector are seen moving in a general positive trend, with some stock-specific movement expected in the coming week. Cipla Ltd is weakest among all the pharmaceutical stocks and is likely to continue with its pattern in the coming week. Stock of Wockhardt Ltd should be avoided since the company is under regulatory setbacks from various international drug watchdogs and that competing drug makers are eating into Wockhardt's business abroad. Aurobindo Pharma Ltd looks good with the stocking forming a positive pattern gaining nearly 15-20% in the last month or so. Stocks of Dr Reddys Laboratories Ltd is seen negative.
Stocks of pharmaceutical sector are seen moving in a general positive trend, with some stock-specific movement expected in the coming week. Cipla Ltd is weakest among all the pharmaceutical stocks and is likely to continue with its pattern in the coming week. Stock of Wockhardt Ltd should be avoided since the company is under regulatory setbacks from various international drug watchdogs and that competing drug makers are eating into Wockhardt's business abroad. Aurobindo Pharma Ltd looks good with the stocking forming a positive pattern gaining nearly 15-20% in the last month or so. Stocks of Dr Reddys Laboratories Ltd is seen negative.
