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Pharma stocks gain as new Covid variant takes focus

26 Nov 2021 Evaluate

Shares of pharmaceuticals and healthcare services are in demand, as investors shifted focus to pharma stocks amid the emergence of a new, highly mutated Covid-19 variant.

Cipla is currently trading at Rs. 964.15, up by 64.20 points or 7.13% from its previous closing of Rs. 899.95 on the BSE.

Alkem Laboratories is currently trading at Rs. 3556.00, up by 220.25 points or 6.60% from its previous closing of Rs. 3335.75 on the BSE.

Strides Pharma Science is currently trading at Rs. 517.10, up by 12.25 points or 2.43% from its previous closing of Rs. 504.85 on the BSE.

Peers
Company Name CMP
Sun Pharma. Inds. 1840.00
Dr. Reddys Labs. 1222.50
Cipla 1388.90
Lupin 2061.85
Zydus Lifesciences 1212.00
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