Citi

Torrent Pharma, Sun Pharma preferred picks of Citi research in the Indian Pharma: Watchful on Aurobindo, Dr Reddy’s
20 Jun

Torrent Pharma, Sun Pharma preferred picks of Citi research in the Indian Pharma: Watchful on Aurobindo, Dr Reddy’s

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Stock Market Today: The Indian Pharma companies as Sun Pharmaceutical Industries Ltd, Dr Reddy's Laboratories, Lupin, Cipla, Torrent Pharma among others have benefitted from generic opportunities in the US providing impetus to their earnings growth. The rising pricing pressure however makes Citi Research cautious with only Torrent Pharma, Sun Pharmaceutical amongst their preferred picks. Analysts at Citi Research in their recent report referring to NADAC (National Average Drug Acquisition Cost) trends say that the data has provided a clear picture of pricing trends in FY24,  hence it is difficult to overlook the most recent trends, which indicate a steep double-digit…
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