Trading Price is very safe in pharma companies. Most industries have gained good enough now. Pharmaceutical companies run previous year, after that cyclicals followed.
India can't grow very fast. Price to Earning multiple is already very high for most stocks in the market. Pharma is an Export theme. So, I think it will be safe to load pharma stocks at multiple months average prices.
What about these two?
Alembic Pharma CMP ₹ 976
and Granules India CMP ₹369.
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