Sun Pharmaceutical Industries Limited, a multinational pharmaceutical company, was established in the year 1983 by Shri Dilip Sanghvi. The company started with the manufacture of just five products which were related to drugs related to psychiatric diseases. Today, this pharmaceutical company has expanded to become the largest chronic prescription company in India. The company has established a strong presence in the medical fields like Psychiatry, Neurology, Cardiology, Gastroenterology, Orthopedics, Ophthalmology, Nephrology etc. Sun Pharma accounts for more than 57% of the company’s business from markets outside India, of which the US is predominant. It has 23 manufacturing units worldwide, including units located in countries like Canada, USA, Brazil, Mexico and Israel. More recently, the company’s founder Mr. Dilip Sanghvi has bought a large stake in renewable energy giant – Suzlon Energy. Pharma sector company Sun Pharma has also acquired Ranbaxy Laboratories. How will this company perform in the future? Let’s know from Ganeshji what the stars of Sun Pharma are indicating about its upcoming time-
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Astrological Observations:
For any pharmaceutical company to be successful in the market, it is necessary for the Sun to be strong according to the horoscope. Apart from this, Venus who also controls medicines and life saving drugs should also be very strong. If we talk about Sun Pharma Company, then in its horoscope Sun-Mercury is situated in the house of profit, while Venus is situated in the house associated with success.
Important Timeline:
A sort of reverse pattern is likely to form with respect to Nifty. Deal in this scrip only if you have delivery capability and forget F&O.
(Avoid F&O. If possible, focus on other companies) Ganeshji is seeing an amazing pattern forming in this scrip.
According to the horoscope, during the period from 05/01/2017 to 11/01/2017, all three Mars, Ketu and Venus will be in conjunction in the twelfth house. As a result, some news related to the company’s license may cause the company’s shares to go down.
During the period 15/02/2017 to 22/02/2017 there is a possibility of news based selling pressure due to Government related issues of the company.
Ganeshji is getting such a signal because Shani is sitting in the house of loss. Chhayagraha Ketu is in the house of finance which is a negative combination in terms of the company’s products.
During the period from 07/03/2017 to 20/03/2017, profit booking is likely to appear in the scrip. This will happen because at this time Mars of transit will pass over Ketu of birth. Rahu will be in the house of its regular inflow. Apart from this, the most important factor is that Saturn will be active in the tenth house of Sun Pharma Company’s horoscope.
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With the blessings of Ganeshji,
Dharmesh Joshi
Ganeshspeaks.com team