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14 Pharma Stocks Showing Upside Of Up To 28.54% Get 'Buy' Ratings
Leading brokerage house Parbhudas Lilladher has placed a 'buy' on 14 stocks that are part of pharmaceutical and healthcare sector. The companies either manufacturer medicinal drugs or operate a chain of hospital and healthcare facilities or a chain of pharmacists.
After these companies recently posted their quarterly performance, the stock-broking firm has set a target price for each of them based on the results and the management guidance. It feels that investing in them will provide decent returns in a few years.
These companies are showing a potential upside movement roughly between 8% to 29%. Given below are their details.
| Company Name | Target Price (Rs/share) | Potential Upside (%) | Current Market Price (Rs/share) |
|---|---|---|---|
| Apollo Hospitals Enterprise | 5,400 | 28.54 | 4,819 |
| Aurobindo Pharma | 660 | 8.02 | 662.60 |
| Aster DM Healthcare | 335 | 24.07 | 270.55 |
| Eris Lifesciences | 780 | 22.62 | 641.60 |
| Fortis Healthcare | 330 | 14.58 | 279.10 |
| HealthCare Global Enterprises | 375 | 27.55 | 322.25 |
| Indoco Remedies | 400 | 17.65 | 345.55 |
| J.B. Chemicals & Pharmaceuticals | 2,450 | 19.22 | 2,117.50 |
| Cipla | 1,070 | 14.19 | 964.25 |
| Krishna Institute of Medical Sciences | 660 | 8.71 | 1,597.40 |
| Max Healthcare Institute | 565 | 8.03 | 532.15 |
| Narayana Hrudayalaya | 980 | 18.5 | 907.25 |
| Sun Pharmaceuticals | 1,140 | 17.53 | 987.50 |
| Torrent Pharmaceuticals | 1,900 | 10.85 | 1,775.15 |
Disclaimer
The stocks have been picked from the brokerage report of Prabhudas Lilladher. Greynium Information Technologies, the author or the brokerage house will not be liable for any losses caused as a result of decisions based on this write-up. Goodreturns.in advises users to consult with certified experts before making any investment decision.
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