9 Pharma Stocks Rallied Over 200 Percent Since Lockdown
BSE Healthcare index which consist total 72 Pharma stocks has performed well since March lockdown. Out of 72 stock 28 stocks got doubled in just 4 months. Let’s look at top 9 Pharma stocks which so far provided over 200% returns.
1) IOL Chemicals & Pharmaceuticals: Share price of this stock has increased by 359 Percent since March lockdown. On 5th August stock ended with price of 750 against the closing price of Rs 163.25 on March 23. No one could imagine this.
2) Marksans Pharma : Drug Formulation and Manufacturing company Marksans’s Stock price has railed by 338 percent.on march 23rd stock priced at 10.45 and on 5th August stock closed on Rs 45.80 on the Index.
3) Aarti Drugs: Specialty Chemicals makers Aarti Drugs has also seen rise in the stock price since March lows. Share price gained 312 percent. Share closed at Rs 1882.45 on Aug 5th it was priced at Rs 456.75 on March 23.
4) Dishman Carbogen Amcis : This pharma Stock progressed 264 percent in just 4 months of time. It was trading at Rs. 56.80 on march 23rd and on August 5th it reached to Rs 207
5) SMS Pharmaceuticals: Founded in 1987 this small cap pharma company is enjoying the current phase as it made good profit and stock price gained over 221 percent. Priced reached Rs. 86.80 on 6th Aug. it went down to RS. 27 on March 23rd.
6) Morepen Laboratories: with Double digit growth in sales and net profit the share price of Morepen Laboratories rose by 221 percent. It was reached 52 week low on 23rd march and on 6th Aug it was closed at Rs. 24.
7) Laurus Labs: Headquartered in Hyderabad Laurus Labs have showed strength post lockdown. Stock price rose by 224 percent. It is trading at Rs.1, 036.70 on Aug 6th and it was trading at Rs 320.85 on 23rd of March.
8) Unichem Laboratories: one of the trusted names in pharma industry, Unichem Laboratories has recovered well after lockdown and gained 220 percent rise in share price. Stock is at Rs. 263.15 on 5th Aug and it was closed at Rs 81.30.
9) Suven Pharmaceuticals: it was priced at Rs 214.80 on the day of lockdown and rose by Rs.461 till 5th Aug. sees rally of 210 Percent in just 4 months.
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