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Stocks of major pharmaceutical companies are seen consolidating next week apart from selective stocks that may perform based on their Jul-Sep earnings. Stocks of Aurobindo Pharmaceuticals Ltd may perform good. Compared with other stocks in the sector, Aurobindo Pharma has been outperforming since some time. The stock has formed reversal pattern and the volumes for the company's stocks had also pick up in the upside. Aurobindo Pharma detailed its earnings late Thursday posting a consolidated net profit of 2.35 bln rupees, Vs 2.22 bln rupees a year ago.
Stocks of major pharmaceutical companies are seen consolidating next week apart from selective stocks that may perform based on their Jul-Sep earnings. Stocks of Aurobindo Pharmaceuticals Ltd may perform good. Compared with other stocks in the sector, Aurobindo Pharma has been outperforming since some time. The stock has formed reversal pattern and the volumes for the company's stocks had also pick up in the upside. Aurobindo Pharma detailed its earnings late Thursday posting a consolidated net profit of 2.35 bln rupees, Vs 2.22 bln rupees a year ago.
