The BSE Healthcare index, on the other hand, has performed at pace with the frontline indices, rising by a little more than 21% year to date. The S&P BSE Healthcare is intended to offer investors a benchmark that reflects companies who are members of the healthcare industry and are included in the S&P BSE AllCap.
Pharma companies has long been a leader in the production of generic medications both domestically and internationally. Drugs made in India have made their way to developed economies such as the United States, the United Kingdom, and the European Union. In addition, India has a cost edge because its pharmaceuticals are less expensive, helping to cut the global economy's ever-inflating healthcare expenses.
In the meantime, certain healthcare stocks have already proven to be multibaggers in 2021.
5 Stocks Gained Over 200-800 Percent In 2021
|Pharma Company||Year To Date Returns (2021)|
|Looks Health Services||435.27%)|
|Raaj Medisafe India||281.88%|
The company Kwality Pharmaceuticals was founded in 1983. The current share price is 510.2. It now has a market capitalization of Rs 529.39 crore. Kwality Pharmaceuticals Ltd. is a prominent manufacturer and supplier of pharmaceutical formulations such as Liquid Orals, Powder for Oral Suspension, Tablets, Capsules, Sterile Powder for Injections, small volume injectables, Ointments, External Preparations, ORS, and many other products.
So far in 2021, the share price of Kwality Pharmaceuticals has increased by an incredible 764%. The one-year return of the stock is 829%.
In the year 2006, ANG Lifesciences India Ltd. was established. The current share price is Rs665. It currently has a market capitalization of Rs 344.69 crore. The company reported gross sales of Rs. 1268.31 crores and total income of Rs.1272.51 crores in the most recent quarter.
Over a three-year period, the stock returned 983.06 percent, compared to 65.04 percent for the S&P BSE Healthcare index. The company spent Rs 1.66 crore on investing operations, up 114.66 percent year on year. Stock returned 983.06 percent over three years, compared to 43.89 percent for the Nifty Smallcap 100.
The share price of ANG Lifesciences has risen by an astonishing 823 percent so far in 2021. The stock had a one-year return of 1,285.42% percent.
Looks Health Services
Looks Health Services Ltd., founded in 2011, is a Small Cap business in the Hospitals & Allied Services sector with a market capitalization of Rs 12.59 crore.
The stock returned 2.13 percent over three years, compared to 43.89 percent for the Nifty Smallcap 100. Over a three-year period, the stock returned 2.13 percent, compared to 65.04 percent for the S&P BSE Healthcare index. Looks Health Services stock price has soared by an incredible 435percent so far in 2021. The stock returned 414 percent over the course of a year.
Hikal Ltd., founded in 1988, is a Small Cap business in the Pharmaceuticals sector with a market capitalization of Rs 8,144.01 crore.
Annual sales growth of 14.19 percent surpassed the company's three-year CAGR of 9.78 percent. The stock returned 233.08 percent over three years, compared to 52.49 percent for the Nifty Midcap 100. In the fiscal year ended March 31, 2021, the company spent 2.1 percent of its operational revenues on interest charges and 9.55 percent on labour costs. Over a three-year period, the stock achieved a 233.08 percent return, compared to 37.17 percent for Nifty Pharma.
So far in 2021, the stock price of Hikal has risen by an astonishing 294 percent. Over the course of a year, the stock returned 309 percent..
Raaj Medisafe India
In the fiscal year ended March 31, 2021, the company generated a return on equity of 214.49 percent, surpassing its five-year average of 9.56 percent. In the fiscal year ended March 31, 2021, the company spent 2.34 percent of its operating revenues on interest charges and 7.68 percent on staff costs. Raaj Medisafe India Ltd., founded in 1985, is a Small Cap company in the Miscellaneous category with a market capitalization of Rs 19.23 crore.
So far in 2021, the stock price of Raaj Medisafe India has risen by an astonishing 281 percent. Over the course of a year, the stock returne195 percent..
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