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ADVANCED ENZYME TECHNOLOGIES Gains 5%; BSE HEALTHCARE Index Up 1.9%
Tue, 8 Oct 16:59

ADVANCED ENZYME TECHNOLOGIES Gains 5%; BSE HEALTHCARE Index Up 1.9%Image source: phive2015/www.istockphoto.com

ADVANCED ENZYME TECHNOLOGIES share price has zoomed 5% and is presently trading at Rs 492.4.

Meanwhile, the BSE HEALTHCARE index is at 43,953.5 (up 1.9%).

Among the top gainers in the BSE HEALTHCARE index today are Jubilant Pharmova (up 6.5%) and GSK Pharma (up 4.4%).

ASTRAZENECA PHARMA (down 1.0%) and Pfizer (down 0.4%) are among the top losers today.

Over the last one year, ADVANCED ENZYME TECHNOLOGIES has moved up from Rs 315.5 to Rs 492.4, registering a gain of Rs 176.9 (up 56.1%).

On the other hand, the BSE HEALTHCARE index has moved up from 28,012.1 to 43,953.5, registering a gain of 56.9% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were Jubilant Pharmova (up 166.6%), Glenmark Pharma (up 114.8%) and SUVEN PHARMACEUTICALS (up 109.7%).

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What About the Benchmark Indices?

The BSE Sensex is at 81,634.8 (up 0.7%).

The top gainers among the BSE Sensex today are MUNDRA PORT & SEZ (up 4.8%) and M&M (up 3.4%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 25,013.2 . TATA STEEL 2% CCPS and Dr Reddy NCD1 are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,226.0 to 81,634.8, registering a gain of 16,408.8 points (up 25.2%).

ADVANCED ENZYME TECHNOLOGIES Financial Update...

ADVANCED ENZYME TECHNOLOGIES net profit grew 19.1% YoY to Rs 350 million for the quarter ended June 2024, compared to a profit of Rs 294 million a year ago. Net sales rose 4.9% to Rs 1,545 million during the period as against Rs 1,473 million in April-June 2023.

For the year ended March 2024, ADVANCED ENZYME TECHNOLOGIES reported 31.9% increase in net profit to Rs 1,370 million compared to net profit of Rs 1,039 million during FY23. Revenue of the company grew 15.4% to Rs 6,239 million during FY24.

The current Price to earnings ratio of ADVANCED ENZYME TECHNOLOGIES, based on rolling 12 month earnings, stands at 38.6.


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