The content highlights the attractiveness of the pharmaceutical, healthcare, and consumer goods sectors, as analyzed by Value Research, a financial research firm. They point out that these sectors have shown resilience during the ongoing pandemic and are likely to continue to grow in the long term.
According to Value Research, while the pharmaceutical sector has faced challenges due to the pandemic, it has also seen an increase in vaccinations, which is expected to boost the sector’s growth. Another positive trend is the rising demand for healthcare services, particularly in the private healthcare segment, driven by an increasing awareness of health and wellness. The report notes that the Indian healthcare sector is poised for growth, with the government’s Ayushman Bharat scheme aimed at providing healthcare insurance coverage to millions of people.
The consumer goods sector has also shown resilience, with many companies experiencing growth in their online sales channels. The report highlights the increasing penetration of e-commerce, which has led to a growth in demand for consumer goods, particularly in the FMCG (fast-moving consumer goods) space. Additionally, the growing influence of digital media has led to an increase in demand for consumer durables, such as electronics and furniture.
Value Research also points out that the Indian consumer is becoming more aspirational, with a growing demand for premium products and services. This trend is driven by increasing disposable incomes and changing lifestyles.
The report also touches upon the attractive valuation multiples in the pharmaceutical and healthcare sectors, making them good investment opportunities. According to Value Research, the valuations of many pharma companies are at discounted levels compared to their peers, making them attractive for long-term investors.
Overall, the report suggests that the pharmaceutical, healthcare, and consumer goods sectors are attractive, driven by growth in pharmaceutical demand, increasing healthcare awareness, and rising consumer demand for goods and services. The report highlights the importance of investing in these sectors for long-term growth, especially during a time of economic uncertainty.