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ADVANCED ENZYME TECHNOLOGIES Gains 7%; BSE HEALTHCARE Index Up 0.6%
Wed, 11 Sep 10:21

ADVANCED ENZYME TECHNOLOGIES Gains 7%; BSE HEALTHCARE Index Up 0.6%Image source: Ivcandy/www.istockphoto.com

ADVANCED ENZYME TECHNOLOGIES share price has zoomed 7% and is presently trading at Rs 492.4.

Meanwhile, the BSE HEALTHCARE index is at 44,088.5 (up 0.6%).

Among the top gainers in the BSE HEALTHCARE index today are Natco Pharma (up 3.7%) and Procter & Gamble Health (up 1.5%).

ERIS LIFESCIENCES (down 1.3%) and SYNGENE INTERNATIONAL (down 1.2%) are among the top losers today.

Over the last one year, ADVANCED ENZYME TECHNOLOGIES has moved up from Rs 324.7 to Rs 492.4, registering a gain of Rs 167.8 (up 51.7%).

On the other hand, the BSE HEALTHCARE index has moved up from 28,436.8 to 44,088.5, registering a gain of 55.0% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were SUVEN PHARMACEUTICALS (up 133.2%), Jubilant Pharmova (up 128.1%) and GRANULES INDIA (up 119.4%).

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What About the Benchmark Indices?

The BSE Sensex is at 81,964.7 (up 0.1%).

The top gainers among the BSE Sensex today are Asian Paints (up 2.0%) and ITC (up 1.0%). The most traded stocks in the BSE Sensex are Tata Motors and Tata Steel.

In the meantime, NSE Nifty is at 25,066.5 (up 0.1%). Bajaj Auto and Asian Paints are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 67,127.1 to 81,964.7, registering a gain of 14,837.7 points (up 22.1%).

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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