A look at the reasons how the going got good for Indian API companies
Last updated: 14-Nov-2022•Mohammed Ekramul Haque
Indian API (active pharmaceutical ingredients - medicine raw materials) manufacturers are on a roll in the stock markets. Last year, Laurus Labs was up over 200 per cent, while Solara Active Pharma was up over 80 per cent and industry leader Divi's Labs was up over 50 per cent. So, why are API stocks seeing a party in the stock markets? The primary cause is China, the largest supplier of APIs to the world. How did it start? As the country went into national lo
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