Frequently Asked Questions
What is Nifty Pharma?
The Nifty Pharma index is a sectoral benchmark that includes major Indian pharmaceutical companies involved in drug manufacturing, healthcare services, and biotech research. It offers a focused view of the pharma industry’s performance and is widely used by investors to track trends in healthcare, medical innovation, and global pharma exports.
What is CAGR?
CAGR stands for Compound Annual Growth Rate. In the stock market, it's a useful metric to measure the compound annual growth rate of an investment over a specific period of time, assuming the profits are reinvested at the end of each year. CAGR shows how much an investment grows each year on average.
What is the 3 year, 5 year and 10 Year CAGR (annualized return) of Nifty Pharma?
CAGR (Compound Annual Growth Rate) of Nifty Pharma is as follows:
- 3 Year CAGR: 19.47%
- 5 Year CAGR: 14.21%
- 10 Year CAGR: 5.36%
What is the 1 year return of Nifty Pharma?
In the past 1 year, Nifty Pharma has given a return of -0.95%.
How often the data is updated on this page?
The Current Market Price (CMP) and CAGR data are updated every 15 minutes during market hours. However, the current month's and current year's returns are updated daily after the market closes.