Are pharma stocks attractive now? BNP Paribas recommends these shares to buy

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Brokerage BNP Paribas thinks sector valuations look reasonable with FY25E EV/EBITDA averaging 12x for Pharma firms, 18x for Hospital firms and 21x for Diagnostics firms. Its detailed valuation workings for Diagnostics companies show that valuations are attractive now. “We believe the Indian Healthcare is on a long-term structural growth path.Read More →

Torrent Pharma among 3 pharma stocks to buy as analysts sees strong gain in 2023

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Sun Pharmaceutical Industries, Cipla, J.B. Chemicals & Pharma, and Torrent Pharmaceuticals have all received buy ratings from the brokerage company Prabhudas Lilladher, which is optimistic on the pharmaceutical sector. For Sun Pharma, the brokerage sees a gain up to a target price of ₹1175, for Cipla, the brokerage has setRead More →