Financial Strength and Weakness of Selected Pharmaceutical Companies in India
A. Jalaudeen1, M. Marimuthu2
1Mr. A. Jalaludeen, Assistant Professor, SRM Institute of Science and Technology, Chennai (Tamil Nadu), India.
2Dr. M. Marimuthu, PG Research, Assistant Professor, Department of Commerce, Jamal Mohamed College, Trichy (Tamil Nadu), India.
Manuscript received on 02 December 2019 | Revised Manuscript received on 20 December 2019 | Manuscript Published on 31 December 2019 | PP: 812-815 | Volume-8 Issue-4S2 December 2019 | Retrieval Number: D11901284S219/2019©BEIESP | DOI: 10.35940/ijrte.D1190.1284S219
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: The Indian pharmaceutical industries are one of the very good developing industries. The Indian Pharmaceutical companies producing drug through the world. India is the top three medicine producing and export country in the world and 50% various medicines supplied to the world by Indian Pharmaceutical Companies. The objectives of the study is explore strength and weakness of selected pharmaceutical companies in India and identify the profitability position of selected Indian Pharmaceutical companies. The reason for chosen this topic is The pharmaceutical industry is one of the ever green industries in India. But in recent days performance of the pharmaceutical companies is came down. In National Stock Exchange the performance of Indian pharma company was very low in the financial year 2018-19. The interpretation of the study is The above tables and Charts shows that, the Net profit of Sun Pharma is 2017 -7,836.30,2018- 2,633.79 and 2019- 3,209.32.Begining of the year it was very high, then decrease after increased. Drreddys Net profits 2017- 1,257.20, 2018 -912.401 and 2019-1,906.20.
Keywords: Pharma, Selected Indian Pharma, SUN Pharma.
Scope of the Article: e-governance, e-Commerce, e-business, e-Learning