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Last Updated : Mar 13, 2015 04:46 PM IST | Source: CNBC-TV18

Focus on midcap pharma space: Gautam Trivedi

Gautam Trivedi, MD & CEO of Religare Capital Markets is of the view that one may focus on midcap pharma space.

Gautam Trivedi, MD & CEO of Religare Capital Markets told CNBC-TV18, "The pharma space has been largely misunderstood by the market. It has not been a defensive play, it has been a massive growth play. If you look at the performance of stocks like Sun Pharma and Lupin over the last 10 years, they have been 20-baggers. That phase unlike midcap IT is only just getting started when I look at the midcap stocks within the pharma space whether it is Strides Arcolab, whether it is Shasun Pharma or Natco Pharma – all these stocks are going to be the next Lupin and Sun Pharma within the next 5-10 years."

"So, my view is focus on the midcap pharma space, not so much on the largecap because some of these largecaps are looking expensive but if you have a longer-term view I would buy them anyway."

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First Published on Mar 13, 2015 04:34 pm
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