Sunny days ahead

Sun Pharma, the world's fifth largest and India's largest domestic pharma company has long-term shareholders smiling all the way. Ten years ago, Sun Pharma was trading at ₹66 a piece (adjusted). Today the stock quotes at ₹881. An investment of ₹10,000 in Sun Pharma would be valued at ₹1.33 lakh today. In the last decade, Sun has transformed from a ₹1,274-crore company (FY05 revenues) to ₹27,286 crore behemoth (FY15). The EBITDA during this period grew at 34 per cent per annum. The Sun Pharma you see trading today is a different creature from the one that you would have ten years ago. That's because Sun has made as many as eight acquisitions during this period. T

This article was originally published on December 11, 2015.