Sriram Rathi, pharma analyst at Anand Rathi is of the view that one may pick Cipla and Dr Reddys Laboratories from largecap pharma space.
Sriram Rathi, pharma analyst at Anand Rath recommends selling Ranbaxy Laboratories with a target of Rs 375.
Sriram Rathi recommends buying Cipla and Dr Reddys Laboratories among largecaps and Indoco Remedies and Netco Pharma among midcaps.
According to Sriram Rathi of Anand Rathi, one may buy Ranbaxy Laboratories with a long term perspective.
Sriram Rathi of Anand Rathi is positive on Dr Reddys Laboratories. "We are expecting strong results to continue for the company for the next 2-4 quarters," he adds.
Sriram Rathi of Anand Rathi is positive on Glenmark Pharma with a target of Rs 658.
He is positive on Dr Reddy mainly because the company is going to benefit significantly in FY14 and FY15 from the new launches and at the same time the margins will also be higher. He does not expect any major surprise coming in Lupins' quarterly result.
According to Sriram Rathi of Anand Rathi, one can book profits in Lupin at current valuations. He advised holding Sun Pharma as he has neutral rating on teh stock.
Sriram Rathi of Anand Rathi suggests holding Wockhardt. "One should wait for any fresh buying because there will be no positive trigger for next two-three quarters," he adds.
Rathi recommends booking profit in Lupin at current valuations. He has a neutral rating and a ‘hold‘ on the Sun Pharma stock because there are several triggers which can drive the earning surprise positively
Number 2 drugmaker Dr Reddy's Laboratories Ltd said a US district court has cleared the sale of its generic version of Sanofi-Aventis' allergy treatment drug Allegra D24. Sriram Rathi, Anand Rathi Financial Services says it is definitely a positive news for Dr Reddy’s.