Indian pharmaceutical companies are set for a steady September quarter. Growth in the US generics market and domestic sales will drive performance. Companies like Apollo Hospitals, Lupin, and Aurobindo are expected to show strong results. Despite some cost pressures, the sector anticipates positive medium-term prospects. New product launches and expanding facilities will support earnings.
Housing sales in 50 cities dip 3% to 6.14 lakh units, up 16% in value to Rs 8.4 lakh crore: CREDAI
Indian housing sales saw a slight dip in units last year but a significant rise in value. Demand for homes above Rs 1 crore drove