The study is focused on doing the industry analysis of the pharmaceutical industry of India by analyzing secondary data of one large, mid and small cap company in India along with finding their valuations. For the purpose of the study, IOL chemicals and pharmaceuticals, Ajanta pharmaceuticals and Sun pharmaceuticals were selected, and valuation was done using Ben graham, discounted cash flow and expected return methodology. The purpose behind this research is to give the reader an insight of the Indian pharmaceutical industry. At the end, we were able to give a buy, sell or hold call on each of the companies analyzed.
Devaansh Jallan, Aryan Mehta, Devanshi Sanghani, Parth Shah, Rudresh Basarge, Sheel Narsaria. Future of the pharmaceutical industry in India. International Journal of Advanced Education and Research, Volume 6, Issue 4, 2021, Pages 60-67