Do rising covid cases present an opportunity for these stocks? Check out the best performers in the healthcare industry!

Do rising covid cases present an opportunity for these stocks? Check out the best performers in the healthcare industry!

Mandar Wagh
/ Categories: Trending, Multibaggers

Here is a list of the best performing healthcare stocks that have wowed investors!

During the first wave of Covid pandemic, pharmaceutical and hospital stocks skyrocketed due to the enormous potential created by the demand for vaccines and medical services on a global scale. The sectoral index BSE Healthcare outperformed the markets, soaring more than 50 per cent over the course of a year (March 2020 - Feb 2021), while the benchmark indicators BSE Sensex and Nifty 50 rose nearly 30 per cent. 

Here is a list of the best performing healthcare stocks that have wowed investors!       

Company Name 1 Year Returns (%) March 2020 - Feb 2021
Biofil Chemicals & Pharmaceuticals  812.27
Bharat Immunologicals & Biologicals 805.05
Venus Remedies  802.86
Zenith Health Care  800
Smruthi Organics  633.06
Makers Laboratories  606.47
Syncom Formulations (India)  418.46
Neuland Laboratories  394.77
Kopran Ltd 361.8
Mangalam Drugs And Organics  348.46

 

The health authorities are taking notice of the corona virus situation in India as a result of the consistent increase in Covid cases over the past few days and is setting new daily highs. The government announced that nationwide mock drills will be held soon. In addition, both public and private health facilities are expected to participate in the exercise to evaluate the availability of medicines, hospital beds, medical equipment and medical oxygen. 

When the performance of healthcare stocks over the past month was considered, a number of stocks caught the interest of investors due to their robust uptrend. Shares of TTK Healthcare Ltd topped the list, climbing more than 34 per cent in a month, while Krsnaa Diagnostics and Sanjivani Paranteral also performed well. 

Company Name 1 Month Returns (%)
TTK Healthcare  34.44
Krsnaa Diagnostics  33.73
Sanjivani Paranteral  27.24
Oxygenta Pharmaceutical  20.56
Sequent Scientific  17.25
Neuland Laboratories  16.41
Glenmark Pharmaceuticals 13.85
Kilitch Drugs (India)  12.34
Aurobindo Pharma  11.48
Cian Healthcare  10.83

 

Keep a watch on these stocks for the upcoming sessions, considering future opportunities in the healthcare sector! 

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