New product launches to drive growth for Lupin, US business a key trigger

This should reverse the US underperformance in FY15-20 with margins too moving up sharply

Topics
Lupin | US business | Pharma stocks

Ram Prasad Sahu  |  Mumbai 

The Lupin stock has underperformed most of its peers over the past year on the back of muted performance in the first half of the year, delay in product launches, regulatory issues related to its facilities and higher valuations.

While a 38 per cent return for the stock over the past year is better than the benchmark BSE Sensex return of 16 per cent it is way short of the peer index (BSE Healthcare) return of over 53 per cent. Going ahead, analysts believe that the stock has multiple triggers led by specialty products in the US market, India business, biosimilars and margin ...

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Mon, January 18 2021. 20:01 IST
RECOMMENDED FOR YOU
.