Healthcare services sector stocks comprise companies engaged in manufacturing and supplying medicines, as well as those managing multispecialty hospitals and diagnostic centres.
Investment in this sector will strengthen public health infrastructure and medical advancements in the country. Private players are a key component of India’s healthcare sector and investment in their stocks can help you ride on the wave of rapid growth.
The companies face the risk of regulatory changes, market volatility, technological disruptions and changes in government policies. At the same time, these stocks are insulated from crisis-like situations, including the COVID-19 pandemic. In fact, their role becomes all the more important in managing a state of healthcare emergency.
Here are all the details about healthcare services sector stocks in India.