Alembic may give good return over next 2-3 years: Shahina Mukadam

Shahina Mukadam, Market Analyst, Varun Capital, talks to ET now on pharma stocks.

You track the pharma space very closely give us a nice interesting midcap buzzing bet?

Well, I think if you really look in a small cap I would go with something like a Alembic it has got everything put together in terms of good land bank. It has got good products Glycodin, its restructuring its operations so I think Rs 40-Rs 42 stock.

So I think that could give you a good return over the next 2-3 years. Its like a dark horse and otherwise I would go with the steady stock like Biocon where you have everything going for it. I mean there is nothing absolutely that's going to happen overnight so you are going to get that huge 100% but yes if you hold it for the next 5 odd years you really slow and steady wins the race.