Page 95 - IMDR JOURNAL 2023-24

IMDR’s Journal of Management Development & Research 2023-24

Interpretation:

Correlation co-efficient: 67% variation in the scrip return is because of the variation in the index return.

This graph depicts the association amongst Sun Pharma return and Index return.
This graph depicts the association amongst Dr.Reddy’s return and Index return.

Graph.3 Showing comparison between Index return and Dr. Reddy’s return.

r 0.75

Interpretation:

Correlation co-efficient: 75% variation in the scrip return is because of the variation in the index return.

Suggestions & Conclusion

Indian firms have remained more interested in Western markets (as more likely profit generators, but also more

risky due to pricing pressures and the multinational production of ‘authorized generics’) than in other Asian
countries. The strategy may prove a risky proposition in the longer term as nascent South East Asian companies

strive to win new markets in the region. The four major sectors for Pharmaceuticals are: Dr. Reddy’s, Cipla, ,

Zydus Cadila, & Ranbaxy.

For Improvement of The Industry Sectors

 The Industry should change the pattern of investment, for their future growth and prospectus.

 The major doctors & chemist’s perception should increase their strategy for developing a new product
& services.

 The industry should specify for their respective investment pattern while investing.
 The Industry should give proper weightage to the educated customers.

 The Industry should identify the various analysis to fulfill the needs of different segments.