Fundamental Analysis of Indian Pharmaceutical Companies

GLOBAL MANAGEMENT HORIZON Volume – VII, Jan - June 2018, ISSN 2249-6211

24 Pages Posted: 16 Jul 2018

See all articles by CMA(Dr.) Ashok Panigrahi

CMA(Dr.) Ashok Panigrahi

SVKM's Narsee Monjee Institute of Management Studies (NMIMS)

Raksha Sharma

NMIMS University

Himani Dhande

NMIMS University

Date Written: June 25, 2018

Abstract

Estimation of real worth of a stock is made by considering the earning potential of the company which depends on investment environment and factors relating to specific industry, competitiveness, quality of management, operational efficiency, profitability, capital structure and dividend policy. For investing in a company many people use fundamental analysis for the selection and technical analysis to make their buy and sell decisions. It relates to the examination of the intrinsic worth of a company to find out whether the current market price is fair or not, whether it is overpriced or underpriced. It is believed that analyzing the economy, strategy, management, product, financial status and other related information will help to choose shares that will outperform the market and provide consistent gains to the investor. It is the examination of the underlying forces that affect the interest of the economy, industrial sectors and companies. Here an attempt has been made to analyze the fundamental analysis through analyzing the financial performance of ten selected Pharma and Healthcare companies by using various statistical techniques. Torrent Pharmaceuticals stands as No. 1 company followed by Piramal which stood as the second.

Keywords: Pharmaceutical Company, Fundamental Analysis, Ratios, Intrinsic Value

Suggested Citation

Panigrahi, Ashok and Sharma, Raksha and Dhande, Himani, Fundamental Analysis of Indian Pharmaceutical Companies (June 25, 2018). GLOBAL MANAGEMENT HORIZON Volume – VII, Jan - June 2018, ISSN 2249-6211, Available at SSRN: https://ssrn.com/abstract=3202129

Ashok Panigrahi (Contact Author)

SVKM's Narsee Monjee Institute of Management Studies (NMIMS) ( email )

Narsee Monjee Institute of Management Studies
Mukesh Patel Technology Park
Shirpur, MS 425405
India
8888810975 (Phone)

HOME PAGE: http://nmims.irins.org/profile/149882

Raksha Sharma

NMIMS University

V. L. Mehta Road, Juhu
Vile Parle, Mumbai 400056
India

Himani Dhande

NMIMS University

V. L. Mehta Road, Juhu
Vile Parle, Mumbai 400056
India

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