Procter & Gamble Health Ltd.

NSE: PGHL | BSE: 500126 | ISIN: INE199A01012 |Industry: Pharmaceuticals
|Momentum Trap
5068.90 2.40 (0.05%)
NSE Oct 26, 2020 12:19 PM
Volume: 3,222

ICICI Securities Limited
PGHL is a pharma cum consumer OTC player with strong and legacy brands in the vitamin minerals & supplement (VMS) category like Neurobion, Polybion, Evion (all vitamins), Livogen (iron supplement), Nasivion (nasal decongestant), Seven Seas (vitamin- substitute for malt based health drinks). Post the change in ownership (from Merck to P&G;), we expect these known brands to leverage on P&G;'s distribution might as most of these brands are driven by self-medication habit rather than doctor's prescription. It also has a presence in the prescription based cardio-diabetology category....
Procter & Gamble Health Ltd. is trading below it's 30 day SMA of 5160.1
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