India’s pharmaceutical industry

India’s pharmaceutical industry witnessed a growth of 9.43% CAGR in the past nine years. India is the largest provider of generic drugs worldwide. Here are the best pharma stocks in India.

1) Pfizer

Pfizer has a vast portfolio of vaccines, cardiac medications, nutrition supplements, and other drugs. The company exports products to over 50 countries. Analyst Rating: 100 Market cap as of 23-12-2024: ₹21,350 crore

2) Fortis Healthcare

Fortis Healthcare is one of the largest healthcare organisations in India and has over 400 diagnostics centres across India. Analyst Rating: 91 Market cap as of 23-12-2024: ₹51,126 crore

3) Sun Pharmaceutical Industries

Sun Pharma is the fourth-largest specialty generic pharmaceutical company in the world. It supplies products to over 100 countries. Analyst Rating: 89 Market cap as of 23-12-2024: ₹4,33,920 crore

4) Ajanta Pharma

Ajanta Pharma’s business includes manufacturing of finished formulas and also active pharmaceutical ingredients (APIs). It supplies branded generic drugs to several countries. Analyst Rating: 85 Market cap as of 23-12-2024: ₹35,621 crore

5) Abbott India

Abbott India’s portfolio includes multi-specialty drugs, vitamins, and treatments for various conditions. The company also offers vaccines for typhoid, influenza, and diarrhoea. Analyst Rating: 83 Market cap as of 23-12-2024: ₹60,855 crore

Detailed blog on the Best Pharma Stocks in India

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