Best Pharma Stocks in India: Invest for Good Returns
- 02 Sept 2024
- 20 mins read
- By: BlinkX Research Team
Open Demat Account
Pharma stocks are shares of companies that make medicines and drugs. The Nifty Pharma index is made up of the top pharma stocks in India. The performance of these indexes depends on how well this index does. Over the last ten years, Nifty Pharma has grown at an average rate of 10% per year. These stocks in India did well, even during the COVID-19 pandemic. However, after that period, high inflation affected not just pharma but many other industries too. Therefore, one needs to consider several factors like pharmaceutical stock prices, when investing and choosing the best pharma stocks. This blog best pharma companies share prices, along with explaining every important aspect related to this topic.
List of Best Pharma Stocks in India
The following is the breakdown of the best pharma stocks list along with the pharma companies' share price and market capital.
Company Name | CAGR of 5 Years (28th Aug 24) | PE Ratio |
Cipla Ltd | 27.99% | 28.62 |
Aurobindo Pharma Ltd | 21.41% | 25.34 |
Abbott India Ltd | 26.60% | 50.99 |
Biocon Ltd | 9.04% | 27.13 |
Sun Pharmaceutical Industries Ltd | 33.83% | 40.41 |
Zydus Lifesciences Ltd | 38.56% | 26.89 |
Apollo Hospitals Enterprise Ltd | 35.67% | 94.07 |
Ipca Laboratories Ltd | 23.11% | 60.07 |
Torrent Pharmaceuticals Ltd | 31.90% | 68.07 |
Alembic Pharmaceuticals Ltd | 16.40% | 33.36 |
Disclaimer: The information provided on the above stocks is for informational purposes only. It is crucial to conduct thorough research before making any investment decisions regarding these stocks. We do not recommend trading any stocks without comprehensive research and professional financial advice. Always consult with a certified financial advisor to ensure informed and appropriate investment choices.
Table of Contents
- List of Best Pharma Stocks in India
- Overview of Pharma Companies in India
- Analysis of the Current Market Conditions on Pharma Stocks in India
- Types of Pharma Stocks in India
- What is the Pharma NIFTY Index?
- What is Pharma Penny Stocks?
- Factors to Consider Before Investing in Pharma Companies
- Advantages & Disadvantages of Pharma Stocks Investment
- How to invest in Pharma Stocks?
- Who can Invest in the Pharma Stocks
Overview of Pharma Companies in India
The following is a detailed description of the best pharma stocks. This includes the complete overview of the above-mentioned pharma companies along with the market capitalization. Further, highlighting their areas of focus, product ranges, and key strengths makes these companies commendable to consider for investment.
Cipla Ltd
Cipla Ltd is a major global pharmaceutical company based in India. The market capitalization of the company is 1,220 Billion INR and a share price of 1,505 INR. It offers a wide range of high-quality, affordable medicines in areas like respiratory, antiretroviral, and anti-infective treatments. They are committed to improving global health and increasing access to essential healthcare solutions.
Get more details about Cipla Ltd share price today here.
Know the Cipla Ltd share price history here.
Aurobindo Pharma Ltd
Aurobindo Pharma Ltd is valued at 623.61 billion INR market cap and 1,068 INR share price. It is a leading Indian multinational pharmaceutical company with operations in APIs, generics, advanced drugs, and consumer healthcare. They are well-known for their top products like antibiotics, antimalarials, and anti-diabetic drugs.
Get more details about Aurobindo Pharma Ltd share price today here.
Know the Aurobindo Pharma Ltd share price history here.
Abbott India Ltd
Abbott India Ltd is a subsidiary of Abbott Laboratories with a market cap of 580.07 billion INR and a share price of 27,349 INR. It offers a wide range of healthcare solutions including medicines, medical devices, and nutrition products. They are contributing significantly to India's healthcare industry.
Get more details about Abbott India Ltd share price today here.
Know the Abbott India Ltd share price history here.
Biocon Ltd
Biocon Ltd is a respected biopharmaceutical company based in Bangalore with a 334.45 billion INR market cap and 279 INR share price. This pharma company focuses on discovering, manufacturing, and commercializing new and cost-effective biopharmaceuticals for diabetes, cancer, immunology, and other therapeutic areas.
Get more details about Biocon Ltd share price today here.
Know the Biocon Ltd share price history here.
Sun Pharmaceutical Industries Ltd
Sun Pharmaceutical Industries Ltd is an Indian multinational with a remarkable 3,820 billion INR market cap and 1,592.15 INR share price. It ranks as the fourth-largest global generic pharmaceutical company by revenue. Additionally, they have an impressive portfolio of branded pharmaceuticals.
Get more details about Sun Pharmaceutical Industries Ltd share price today here.
Know the Sun Pharmaceutical Industries Ltd share price history here.
Zydus Lifesciences Ltd
Zydus Lifesciences Ltd stands out as a prominent company in the pharmaceutical industry. It is headquartered in Ahmedabad with a 1010 billion INR market cap and 998 INR share price. It operates in active pharmaceutical ingredients, formulations and biotechnology, and nutraceuticals. They are known for their high-quality generic and speciality drugs across various therapeutic categories.
Get more details about Zydus Lifesciences Ltd share price today here.
Know the Zydus Lifesciences Ltd share price history here.
Apollo Hospitals Enterprise Ltd
Apollo Hospitals Enterprise Ltd is considered one of India's top pharmaceutical shares with an 893.60 billion INR market cap and 6,210 INR share price. They are a healthcare provider engaged in offering healthcare services and operating standalone pharmacies.
Get more details about Apollo Hospitals Enterprise Ltd share price today here
Know the Apollo Hospitals Enterprise Ltd share price history here.
Ipca Laboratories Ltd
Ipca Laboratories Ltd is valued at 302.00 billion INR market cap and 1,190.35 INR share price. It is a well-known Indian pharmaceutical firm with a good global reach. They manufacture and market various pharmaceutical formulations and active pharmaceutical ingredients (APIs).
Get more details about Ipca Laboratories Ltd share price today here.
Know the Ipca Laboratories Ltd share price history here.
Torrent Pharmaceuticals Ltd
Torrent Pharmaceuticals Ltd is an Indian firm established in 1959 with a 914.94 billion INR market cap and 2,700 INR share price. They specialize in the research, development, production, and marketing of pharmaceutical and medical products. They are dedicated to providing high-quality, cost-effective medications, with an international presence.
Get more details about Torrent Pharmaceuticals Ltd share price today here.
Know the Torrent Pharmaceuticals Ltd share price history here.
Alembic Pharmaceuticals Ltd
Alembic Pharmaceuticals Ltd is a well-known India-based pharma company with a 192.20 billion INR market cap and 979.40 INR share price. It has become a worldwide company that concentrates on researching, creating, making, and promoting different pharmaceutical products. This company is known for its commitment to excellence and innovation in the healthcare industry since its establishment.
Get more details about Alembic Pharmaceuticals Ltd share price today here.
Know the Alembic Pharmaceuticals Ltd share price history here.
Analysis of the Current Market Conditions on Pharma Stocks in India
Pharma companies care about the environment, society, and good business practices. They are working on these sustainability goals. The future looks good for the Indian pharma industry. Many new things are happening. These companies are spending more money on research and development. They are making more key ingredients for drugs in India instead of buying from other countries. The government is also supporting the pharma industry with policies and incentives to drive growth and innovation in the coming years.
Therefore, investing in pharmaceutical stocks might be a good decision. However, it is suggested that one should be mindful of the potential risks and other factors. The industry still needs to improve quality standards, meet sustainability targets, and boost innovation to keep growing.
Types of Pharma Stocks in India
There are majorly three types of pharma stocks in India. This includes large-cap pharma stocks, mid-cap pharma stocks and small-cap pharma stocks. The following are some examples of it. This will help you to understand how these stocks are traded and the pharma share price of each.