Name of the company Levered Beta D/E Unlevered Beta Net Sales

Cipla Limited 0.71 0.26 0.59 12374.01

Aurobindo Pharma Limited 1.06 0.01 1.05 12257.89
Lupin Limited 0.76 0.48 0.55 11356.32
Dr Reddy's Laboratories 0.4 0.16 0.36 10625.5
Cadila Healthcare Limited 0.99 0.38 0.76 6492.7
Biocon Limited 0.98 0.25 0.82 2884.7
Torrent Pharmaceuticals Limited  0.5 0.83 0.30 5762.48
Alkem Laboratories Limited 0.14 0.04 0.14 5714.09
Glenmark Pharma Limited 0.83 0.64 0.55 6304.87
Syngene International Limited 0.56 0.18 0.49 1825.6
Alembic Pharmaceuticals Limited 0.32 0.18 0.28 3660.27
Ipca Laboratories Limited 0.48 0.05 0.46 3633.15
Jubilant Life Sciences Limited 0.69 0.88 0.41 3438.61
Aarti Industries Limited 0.67 0.31 0.54 4547.82
Industry Avg. UnleRelevered Beta
0.56 0.67
0.49 0.49
0.56 0.77
0.59 0.66
0.55 0.71
0.55 0.66
0.58 0.95
0.59 0.61
0.56 0.84
0.56 0.64
0.57 0.65
0.57 0.59
0.57 0.96
0.56 0.70