Overdosing on growth

A shift in focus in the US and the EU has propelled the stock price of Aurobindo Pharma to an all-time high

Photographs by RA Chandroo

Appearances can be deceptive and so can a name. One would expect a pharmaceutical company originating from Pondicherry to be calm and laidback. Aurobindo Pharma has been anything but that and its growth over the last three years seems powered by steroids. The stock is up 13X over the same period and investors continue to bid it up by the day.