GLG News Analyses of the following article:
UPDATE 1-New generics help India Dr Reddy's beat Q2 f'cast
Published at: in.reuters.com
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Turn around signs seen in healthcare !!! Dr. Reddy's & Ranbaxy beat the trend!!!
October 27, 2009
After 4 - 5 quaters of negative growth, cost cuts, product rationalization etc... we have some good news from bell weather stocks of Indian pharma market.Dr. Reddy's & Ranbaxy both are reporting profits after of year of dismal performance.This is also a sign of overall market changing its down ward trajectory.
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