 "drugs, medical, medicine")
An acute drug shortage in the US and stable pricing along with product launches are likely to boost revenues of India’s pharmaceutical companies during the first quarter of this financial year, analysts said.
Most brokerages estimate a top line growth of around 14-15 per cent, with earnings before interest, taxes, depreciation, and amortisation (Ebitda) growth of 24-30 per cent for Q1 of FY24.
Hospitals are, however, likely to report lower occupancy rates, and diagnostics companies may witness an impact from delayed monsoon.
According to JM Financial, Natco Pharma, Dr Reddy’s Laboratories (DRL), Sun Pharmaceutical Industries and Zydus Lifesciences are likely
