Web Exclusive
Dr Reddy's, Divi's Lab, Torrent Pharma: What lies ahead for pharma stocks?

Most pharma companies have underperformed the benchmark indices in the past one year. Barring Divi's Labs (up over 32 per cent) and Dr Reddy's (up 29 per cent), rest of the pharma stocks from the Nifty Pharma index have given negative returns in the last one year as compared to nearly 13 per cent gain in the Nifty50 index (as of Friday's close).  Here's how to trade pharma stocks going ahead -  Dr. Reddy's Laboratories Ltd (DRREDDY): As the counter shows stability above Rs 3,000 levels, which was the major resistance on the monthly chart, the overall tren.....

Business Standard is now on Telegram.
For insightful reports and views on business, markets, politics and other issues, subscribe to our official Telegram channel
Key stories on business-standard.com are available to premium subscribers only.

Already a premium subscriber?

Subscribe to get an across device (Website, Mobile Web, Iphone, Ipad, and Android Phone applications) access to Premium content, Breaking News alerts, Industry Newsletters, Stock and Corporate news alerts, access to Archives and a lot more.