Bino Pathiparampil of IIFL Capital told CNBC-TV18 that there has been a major rally in the sector over the last couple of years. Thus, many of the stocks went up 20 percent in the last couple of months itself.
Deepesh Pandey, Head of Investments, IIFL Capital is underweight on cement and IT space.
Concentrating on the pharma space, Bino Pathiparampil of IIFL Capital told CNBC-TV18 the success of Biocon‘s oral insulin product deal would be a positive for the company. He also has a buy on Dr Reddy‘s and believes it should give a 25 percent plus upside in the next one year.
Deepesh Pandey, Head - Investments, IIFL Capital is overweight on private sector banks.
In an interview to CNBC-TV18, Bino Pathiparampil, vice president, IIFL Capital analyses the pharma sector wherein he reviews specific stocks like Sun Pharma and Cadila.
In an interview with CNBC-TV18, Bino Pathiparampil, vice president of IIFL Capital, spoke about the latest happenings in the pharma space and his call various stocks.