Short Term Cash: Buy AJANTA PHARMA

• July 26, 2021
• By BIPRO HALDAR
• 87 Views 259 comments

Ajanta Pharma Limited is a multinational company based in India engaged in development, manufacturing, and marketing of pharmaceutical formulations. It has a presence in India, the United States, and about 30 other countries in Africa, Asia, Middle East, and CIS. It was established in 1973.Ajanta Pharma has over 1,400 products registered currently in various countries and an equal number of products are under approval. In India, the company is a branded generic company focused on a few high growth specialty therapies in ophthalmology, dermatology, cardiology, and pain management. Ajanta Pharma exports products to over 30 countries in Asia and Africa. In these markets, the company serves a wide range of therape utic products in the areas of antimalarial, cardiovascular, gastrointestinal, antibiotic, dermatology, antihistamine, multivitamin, gynecology, and pain management. Ajanta Pharma has recently stepped up its presence in the United States with a select product portfolio, which includes niche and complex technology products. Currently, the company has 27 products in the US marke.In the early 2000s, Ajanta was noted as a major source of foreign currency, alongside Reddy Labs, arising from sales in Southeast Asia.^[5] In particular, in 2003, a joint-venture between Ajanta and the Ministry of Health in Turkministan accounted for fully half of the pharmaceutical needs of the country.^[5] The company had made several other joint-ventures with regional governments, such as Uzbekistan, Kazakhstan, Kyrygyzstan and Tajikistan, which it severed in the 2010s due to their being unprofitable

Script Name –AJANTA PHARMA

Buy Price –2207.00-2210

Profit Target-2275

Stop Loss-2171

Call Duration-Delivery

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