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Stocks of major pharmaceutical companies are seen extending their negative trend next week, with some specific stocks reacting to their Oct-Dec earnings. Pharma stocks might trade in line with the negatively trading Nifty, despite the sector being defensive in nature.
Hyderabad-based drug maker Aurobindo Pharma Ltd is seen making positive on-year rise in its net profit. The company will post its Oct-Dec earnings on Thursday. Various other pharmaceutical companies--Divi's Laboratories Ltd, Cadila Healthcare Ltd, RPG Lifesciences Ltd, Strides Arcolab Ltd, Shasun Pharmaceuticals Ltd, Suven LifeSciences Ltd--will detail their earnings next week.
Stocks of major pharmaceutical companies are seen extending their negative trend next week, with some specific stocks reacting to their Oct-Dec earnings. Pharma stocks might trade in line with the negatively trading Nifty, despite the sector being defensive in nature.
Hyderabad-based drug maker Aurobindo Pharma Ltd is seen making positive on-year rise in its net profit. The company will post its Oct-Dec earnings on Thursday. Various other pharmaceutical companies--Divi's Laboratories Ltd, Cadila Healthcare Ltd, RPG Lifesciences Ltd, Strides Arcolab Ltd, Shasun Pharmaceuticals Ltd, Suven LifeSciences Ltd--will detail their earnings next week.
