Pharma Stocks Outlook for the week – 28.07.2014 to 01.08.2014
( www.rupeedesk.in )
( www.rupeedesk.in )
The pharmaceutical sector is expected to have an upward
momentum next week,
particularly driven by two heavyweight stocks—Lupin Ltd and
Sun Pharmaceutical
Industries Ltd--along with the Street watching out for
Apr-Jun earnings of drug makers.
In pharma space, Sun Pharma will be the star performer and
the overall sector is seen
positive with Sun Pharma and Lupin pulling the sector.
While Sun Pharma has good momentum, pharma indices will also
continue to do well.
Ranbaxy Laboratories Ltd, which will post its Apr-Jun
earnings on Tuesday, is also expected to maintain its positive momentum.