MOSL: HEALTHCARE-Recovery visible; price growth impressive
HEALTHCARE: Recovery visible; price growth impressive
- Indian pharmaceutical market's (IPM) secondary sales growth recovered to 13.2% YoY in Jul'19 from 6.6% YoY in the previous month, led by volumes (+4.5% YoY), price (+5.7% YoY) and new product launches (+2.9% YoY).
- For the three months ended Jul'19, growth was at 9% YoY, primarily driven by price (+5.3% YoY)/new launches (+2.8% YoY) and supported by volumes (+0.8% YoY). Notably, both non-NLEM and NLEM portfolios grew by a healthy 9% YoY and 8.7% YoY, respectively.
- On a MAT basis, industry growth came in at 9.2% YoY, with price growth at 5.1% YoY, volume growth at 1.3% YoY and new launch growth at 2.8% 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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