MOSL: HEALTHCARE-Impressive growth led by volumes revival, low base
HEALTHCARE: Impressive growth led by volumes revival, low base
- Indian pharmaceutical market's (IPM) growth recovered impressively to 14.5% YoY in Nov'19 from 5.1% YoY in the previous month. The improvement can be partly ascribed to a low base of past year (Nov'18: +7% YoY) and a revival in volumes (+5.9% YoY v/s 2.7% and 3.5% in the prior two months). Price growth further improved to 5.7% and new launch growth came in at 3% YoY.
- Growth stood at 10.4% YoY for the quarter ended Nov'19, led by price (+5.5%) and new launch (+2.7%). Volume growth for the quarter was relatively low at 2.2% YoY due to the dismal momentum in Sep-Oct'19. Notably, both NLEM and non-NLEM products grew by 11.2% and 10.4% YoY, respectively.
- On a MAT basis, industry growth stood at 9.8% YoY with price growth of 5.3% and new launch growth of 2.6% YoY.
Motilal Oswal Financial Services Ltd. is a reputed name in Financial Services and Online Trading with group companies providing services such as Private Wealth Management, Retail Broking and Distribution, Institutional Broking, Asset Management, Investment Banking, Private Equity, Commodity Broking, Currency Broking, Principal Strategies & Home Finance.
Motilal Oswal Securities is a group company of Motilal Oswal Financial Service Limited which started as a stock trading company and has blossomed into well diversified firm offering a range of financial products and services. Motilal Oswal has built a reputation as the source for best stock trading company and this has taken a wealth of experience, knowledge and expertise, constantly working in tandem, over the years.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.