Lupin Labs, Biocon strong stocks in pharma: Kunal Saraogi
Kunal Saraogi, Technical Analyst, www.equityrush.com rounds up the best bets in pharma in an interaction with ET Now.
Your thoughts on pharma sector?
Kunal Saraogi: If you look at the pharma sector, it has outperformed the market very decisively and it might actually continue to do that. The stocks that I like particularly in the pharma space are Lupin Labs and Biocon. Both of these stocks have shown great strength. Lupin of course has been an outperformer throughout.
This stock can be picked up at any dip and even on a pause you could actually get into it because the stock has had a very robust up move and the up move is likely to continue there. Biocon has broken out very recently. That stock again can be picked up at the current market price.
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