{"id":5198,"date":"2011-05-03T17:53:29","date_gmt":"2011-05-03T12:23:29","guid":{"rendered":"https:\/\/www.moneyworks4me.com\/investmentshastra\/?p=5198"},"modified":"2020-03-04T17:44:38","modified_gmt":"2020-03-04T12:14:38","slug":"stockshastra-47-%e2%80%93-indian-pharmaceutical-sector-%e2%80%93-shifting-from-a-defensive-to-a-growth-sector","status":"publish","type":"post","link":"https:\/\/www.moneyworks4me.com\/investmentshastra\/stockshastra-47-%e2%80%93-indian-pharmaceutical-sector-%e2%80%93-shifting-from-a-defensive-to-a-growth-sector\/","title":{"rendered":"Stockshastra #47 \u2013 Indian Pharmaceutical Sector \u2013 Shifting from a defensive to a growth sector"},"content":{"rendered":"<p>Defensive sectors\u00a0 are those that are known to fall less than the market as well as show less appreciation This is because earnings of companies from these sectors are relatively stable and predictable both in good times as well as bad.<\/p>\n<p>But, a \u2018defensive sector\u2019 which has proven different is the Pharma Sector.\u00a0 While Sensex crashed by close to 55% (in the period Dec-2007 to Jan-09), the BSE Healthcare index dropped by around 34%. However, what has been surprising is that the BSE Healthcare Index has outperformed Sensex over the last 2 years registering a growth of 52% CAGR as compared to the 42% clocked by Sensex. Few companies that led this growth were Cadilla Healthcare, Dr. Reddy\u2019s Laboratories, Ranbaxy etc.<\/p>\n<p>So, how does the Pharma sector actually work? And what are the factors that will drive its growth?\u00a0 Also get a glimpse of the top players in this sector and whether they are worth investing in.<\/p>\n<p>If you liked what you read and would like to put it in to practice <a href=\"https:\/\/www.moneyworks4me.com\/registration\/\">Register at MoneyWorks4me.com<\/a>. You will get amazing FREE features that will enable you to invest in Stocks and Mutual Funds the right way.<\/p>\n<hr \/>\n<p><a href=\"https:\/\/www.moneyworks4me.com\/\"><img decoding=\"async\" style=\"float: left; height: 100px; padding-right: 16px; margin-left: 40px;\" src=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2018\/05\/mw4me-logo.png\" alt=\"\" title=\"\"> <\/a> <a class=\"hide-mobile\" href=\"https:\/\/t.me\/mw4me\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" style=\"float: left; height: 100px; padding-right: 16px;\" src=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2018\/05\/investments-shastra-blog.png\" alt=\"\" title=\"\"> <\/a><\/p>\n<div class=\"hide-mobile\" style=\"height: 100px; padding-top: 15px;\"><strong style=\"font-size: 15px; color: #32aadf;\">Join our Telegram Channel:<\/strong><br \/>\n<a style=\"text-decoration: underline; font-size: 14px;\" href=\"https:\/\/t.me\/fundamentalstockinvesting\">Stock Investing<\/a><br \/>\n<a style=\"text-decoration: underline; font-size: 14px;\" href=\"https:\/\/t.me\/mutualfundinvesting\">Mutual Fund Investing<\/a><\/div>\n<div class=\"hide-desktop\" style=\"float: left; width: 100%; text-align: center; padding-bottom: 15px;\"><a href=\"https:\/\/t.me\/mw4me\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" style=\"height: 100px;\" src=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2018\/05\/investments-shastra-blog.png\" alt=\"\" title=\"\"><\/a><br \/>\n<strong style=\"font-size: 15px; color: #32aadf;\">Join our Telegram Channel:<\/strong><br \/>\n<a style=\"text-decoration: underline; font-size: 14px;\" href=\"https:\/\/t.me\/fundamentalstockinvesting\">Stock Investing<\/a><br \/>\n<a style=\"text-decoration: underline; font-size: 14px;\" href=\"https:\/\/t.me\/mutualfundinvesting\">Mutual Fund Investing<\/a><\/div>\n<div style=\"text-align: center;\">\n<p><span style=\"color: #0070c0;\"><b>Need help on Investing? And more<\/b><b>\u2026.<\/b><b>Puchho<\/b> <b>Befikar<\/b><\/span><\/p>\n<div class=\"puchhoBefikarIcon\"><img decoding=\"async\" loading=\"lazy\" class=\"\" src=\"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-content\/uploads\/2018\/05\/puchho-befikar-logo.png\" width=\"59\" height=\"46\" alt=\"\" title=\"\"><\/div>\n<p><b><i>Kyunki<\/i><\/b> <b><i>yeh<\/i><\/b> <b><i>paise<\/i><\/b> <b><i>ka<\/i><\/b> <b><i>mamala<\/i><\/b> <b><i>hai<br \/>\n<\/i><\/b><a href=\"https:\/\/www.moneyworks4me.com\/\" target=\"_blank\" rel=\"noopener\">Start Chat<\/a> | <a href=\"https:\/\/www.moneyworks4me.com\/\" target=\"_blank\" rel=\"noopener\">Request a Callback<\/a> | Call 020 6725 8333 | <a href=\"https:\/\/api.whatsapp.com\/send?phone=918055769463&amp;text=Need%20any%20help?\" target=\"_blank\" rel=\"noopener\">WhatsApp 8055769463<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Defensive sectors  are those that are known to fall less than the market as well as show less appreciation This is because earnings of companies from these sectors are relatively stable and predictable both in good times as well as bad.<\/p>\n<p>But, a \u2018defensive sector\u2019 which has proven different is the Pharma Sector.  While Sensex crashed by close to 55% (in the period Dec-2007 to Jan-09), the BSE Healthcare index dropped by around 34%. However, what has been surprising is that the BSE Healthcare Index has outperformed Sensex over the last 2 years registering a growth of 52% CAGR as compared to the 42% clocked by Sensex. Few companies that led this growth were Cadilla Healthcare, Dr. Reddy\u2019s Laboratories, Ranbaxy etc.<\/p>\n<p>So, how does the Pharma sector actually work? And what are the factors that will drive its growth?  Also get a glimpse of the top players in this sector and whether they are worth investing in.<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[3],"tags":[187,540,541,542],"modified_by":"MoneyWorks4me","_links":{"self":[{"href":"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-json\/wp\/v2\/posts\/5198"}],"collection":[{"href":"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-json\/wp\/v2\/comments?post=5198"}],"version-history":[{"count":0,"href":"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-json\/wp\/v2\/posts\/5198\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-json\/wp\/v2\/media?parent=5198"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-json\/wp\/v2\/categories?post=5198"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.moneyworks4me.com\/investmentshastra\/wp-json\/wp\/v2\/tags?post=5198"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}