These two Pharma stocks have delivered more than 100 % CAGR over 5 years

Even as investors try to identify stocks that may outperform markets, chances are Pharma stocks may not be included in the list owing to the problems faced by the industry and the under-performance of the sector in near to medium term. 

However, investors may well be reminded that at least two out of top ten stocks by returns studied over past five years data are Pharma companies.  Caplin Point Laboratories and Ajanta Pharma are the two best performing Pharma companies which have generated in excess of 100 per cent CAGR returns over past five years. Caplin Point Laboratories Ltd., with a whopping 124 per cent CAGR returns has been the best performer in the pharma space over past years. This CAGR of 124 per cent works out to an astronomical 5489 per cent returns. 

Ajanta Pharma is another Pharma company that features in the top 10 stocks in terms of returns generated by clocking 121 per cent CAGR returns over past five years. This works out to be 5155 per cent returns over the similar period. 

Investors are advised not to ignore the Pharma sector merely for its recent under-performance, as indeed the sector has potential to produce some serious top performers.