BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.
ICICI Securities Report
Post volatile CY20 and CY21, we expect CY22 to be predictable and steady with low Covid-19 cases coupled with high vaccination; however, Omicron variant could turn out to be disruptive. We remain positive on the sector as-
India business is expected to grow in double digit,
continuous cost-control measures would likely support margins and
U.S. business could report incremental growth led by new complex launches, subdued base and normalising price erosion.
U.S. Food and Drug Administration inspections have selectively resumed and we expect the inspection pace to pick up with easing travel restrictions.
Pharma companies under our coverage saw significant re-rating in CY20 but remained largely stable in CY21.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
