Will see continued performance of pharma sector in 2011: Anish Damania, Emkay Global Financial Services Ltd

Anish Damania, Head - Institutional Equity, Emkay Global Financial Services Ltd, in a chat with ET Now talks about the pharma space.

Is pharma is a theme for 2011?

It looks like we will see continued performance of pharma sector in 2011 as well. But I would not say that it will be a leading theme at this point of time. Valuations are quite rich as far as pharma pack is concerned. If the growth continues in this fashion, we would see that getting reflected in the absolute prices as well. So yes, you may not have any rerating but you could follow the earnings growth of the pharma pack.