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Movement in stock prices of major pharmaceutical companies is likely to be stockspecific next week. The new drug pricing policy recommends a market-based drug pricing, allowing manufacturers to sell medicines at an average price of all brands that have more than 1% market share in a segment. The average price would act as a ceiling price for that particular drug. Stock prices of some stocks in the sector could see correction citing example of Ipca Laboratories Ltd. Bothra said that Ipca's stocks could pause or correct due to expectations of weak Jul-Sep numbers after its upward trend in the last few trading sessions. It is important to see as to how they see their US business shaping up, especially with the flu season beginning. They have launched new dosage form of Suprax drops, so that should do pretty well. That positive view on the sector for the coming week. If you see stocks such as Sun Pharmaceutical Industries Ltd, Dr Reddy's Laboratories Ltd and Lupin, they have shown a positive trend, which is likely to continue.
Movement in stock prices of major pharmaceutical companies is likely to be stockspecific next week. The new drug pricing policy recommends a market-based drug pricing, allowing manufacturers to sell medicines at an average price of all brands that have more than 1% market share in a segment. The average price would act as a ceiling price for that particular drug. Stock prices of some stocks in the sector could see correction citing example of Ipca Laboratories Ltd. Bothra said that Ipca's stocks could pause or correct due to expectations of weak Jul-Sep numbers after its upward trend in the last few trading sessions. It is important to see as to how they see their US business shaping up, especially with the flu season beginning. They have launched new dosage form of Suprax drops, so that should do pretty well. That positive view on the sector for the coming week. If you see stocks such as Sun Pharmaceutical Industries Ltd, Dr Reddy's Laboratories Ltd and Lupin, they have shown a positive trend, which is likely to continue.
