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Aurobindo, Sun top picks in pharma; Apollo Hospital best in sector, says Centrum Broking’s Maheshwari

market | Feb 16, 2021 10:02 AM IST

Aurobindo, Sun top picks in pharma; Apollo Hospital best in sector, says Centrum Broking’s Maheshwari

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Aurobindo Pharma and Sun Pharmaceutical Industries are top picks in the pharmaceutical sector for Centrum Broking, said Nischal Maheshwari, CEO Institutional Equities and Advisory at the investment firm on Tuesday.

Aurobindo Pharma and Sun Pharmaceutical Industries are top picks in the pharmaceutical sector for Centrum Broking, said Nischal Maheshwari, CEO Institutional Equities and Advisory at the investment firm on Tuesday.

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“We continue to like Aurobindo Pharma and Sun Pharma. Both of them came out with good results in the current quarter. These are our two top picks along with Dr Reddy’s Laboratories (DRL). Aurobindo, Sun and DRL in that order are the top picks in pharma,” he said.
The recovery in the hospital sector has started to happen and it has been pretty strong, he said.
“In case of Apollo Hospital Group, the numbers have been good, they have raised the money in the QIP. These are the factors which are driving the stock up. Among the hospital space, it is the best-placed company.”
There has been a very strong rally as far as the large corporate banks are concerned. He believes these stocks should find a good place in one’s portfolio.
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