Elara Securities Bets on Pharma Revival; Picks Zydus Life, Sun Pharma, Aurobindo Pharma

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Elara Securities Bets on Pharma Revival: Zydus Life, Sun Pharma, Aurobindo Top Picks

Elara Securities Bets on Pharma Revival: Zydus Life, Sun Pharma, Aurobindo Top Picks

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CNBC TV18•26-02-2026, 10:45

Elara Securities Bets on Pharma Revival: Zydus Life, Sun Pharma, Aurobindo Top Picks

•Elara Securities turns constructive on pharma stocks after two years of correction, citing reasonable valuations.
•Preferred picks include Zydus Life Sciences, Sun Pharma, Aurobindo Pharma, Gland Pharma, and Ajanta Pharma.
•Indian pharma companies, being net exporters, will benefit significantly from the sharply depreciated rupee.
•Diagnostics sector valuations have corrected, making it attractive; Dr Lal PathLabs is a preferred choice.
•Hospital sector remains in transition; investors advised to wait for clearer earnings stability.

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