Pharma
Stocks Outlook for the week – 12 to 16.01.2015
( www.rupeedesk.in )
Trade in shares of frontline pharmaceutical companies is likely to be
stock-specific next week, in the absence of broader sectoral triggers. All stocks are moving in a
rangebound manner. There is no trend as such.
Dr Reddy's Laboratories will track the movement in the Russian
currency, and is likely to be one of the underperformers. The Hyderabad-based company's Jul-Sep revenue
from Russia had fallen due to the rouble's depreciation. Stocks of Strides Acrolab,
Wockhardt, Cadila Healthcare and Aurobindo Pharma would trade with a positive bias.
