For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

Drug Makers Surge In Trade

|

Shares in pharma companies, which have in the past witnessed a very lacklustre movement surged in trade today.

Aurobindo Pharma gained as much as 3.5 per cent, while Sun Pharma jumped 3.77 per cent and Cadila Health was up 3.4 per cent.

Most of the pharma sector stocks were trading with gains. Over the last few weeks, we have seen substantial decline in pharma shares on worries over US FDA and subdued margins from the US business.

Drug Makers Surge In Trade
 

Some pharma stocks like Glenmark have fallen to 52-week lows as well. Analysts believe that there is unlikely to be a swift recovery in pharma shares and it is likely to be a slow and gradual recovery.

GoodReturns.in

Read more about: sun pharma cadilla
Story first published: Wednesday, June 26, 2019, 12:37 [IST]
Company Search
Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more