A Study on Factors Influencing Financial Performance of Selected NSE Listed Pharmaceutical Companies in India
The demand for pharmaceutical products in India is significant and the Pharmaceutical industry in India meets around 90% of the country's demand for bulk drugs, drug intermediates, pharmaceutical formulations, chemicals, tablets, capsules, orals and injectable. The domestic pharmaceutical market expected to register a strong double-digit growth of 13%-14% in 2020. There are approximately 250 large units and about 8000 Small Scale Units, which form the core of the pharmaceutical industry in India (including 5 Central Public Sector Units). The present study is entitled as A study on Factors influencing financial performance of selected NSE listed Pharmaceutical companies in India’. The study would highlight the important financial Variables having the influence on the performance of the selected companies. Based on the total assets top 5 pharmaceutical companies have been selected by the researcher which includes Sun Pharma,Aurobindo Pharm,Cipla,Lupin and Dr Reddys Labs.