MOSL: HEALTHCARE-IPM momentum intact; volume growth picks up
HEALTHCARE: IPM momentum intact; volume growth picks up
- IPM growth improved to 11.9% YoY in Sep'19 from 9.4% YoY in the previous month, led by price (+5.6% YoY) and new launches (+2.9% YoY). Volume growth too accelerated to 3.5% YoY from 1.1% YoY in Aug'19.
- For the three months ended Sep'19, growth was at 11.5% YoY, driven by price (+5.5% YoY) and new launches (+2.8% YoY). Volume growth was better at 3.2% (v/s 1.5% in three months ended Aug'19). Notably, both NLEM and non-NLEM products growth was healthy at 11.4% YoY and 9.7% YoY, respectively, for the quarter.
- On a MAT basis, industry grew by 9.8% YoY in Sep'19, with price growth at 5.2% YoY, volume growth at 1.9% YoY and new launch growth at 2.7% 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.
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