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ADVANCED ENZYME TECHNOLOGIES Gains 8%; BSE HEALTHCARE Index Up 0.3%
Mon, 19 Aug 10:25

ADVANCED ENZYME TECHNOLOGIES Gains 8%; BSE HEALTHCARE Index Up 0.3%Image source: asbe/www.istockphoto.com

ADVANCED ENZYME TECHNOLOGIES share price has zoomed 8% and is presently trading at Rs 450.3.

Meanwhile, the BSE HEALTHCARE index is at 41,278.1 (up 0.3%).

Among the top gainers in the BSE HEALTHCARE index today are CAPLIN POINT (up 8.8%) and METROPOLIS HEALTHCARE (up 3.5%).

SUVEN PHARMACEUTICALS (down 2.3%) and ALEMBIC PHARMA (down 1.9%) are among the top losers today.

Over the last one year, ADVANCED ENZYME TECHNOLOGIES has moved up from Rs 333.8 to Rs 450.3, registering a gain of Rs 116.6 (up 34.9%).

On the other hand, the BSE HEALTHCARE index has moved up from 27,819.2 to 41,278.1, registering a gain of 48.4% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were GRANULES INDIA (up 126.5%), GSK Pharma (up 107.6%) and Glenmark Pharma (up 102.0%).

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What About the Benchmark Indices?

The BSE Sensex is at 80,465.8 .

The top gainers among the BSE Sensex today are NTPC (up 1.7%) and Reliance Ind. (up 1.2%). The most traded stocks in the BSE Sensex are Tata Steel and SBI.

In the meantime, NSE Nifty is at 24,563.7 (up 0.1%). Hindalco and BPCL are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,401.9 to 80,465.8, registering a gain of 15,063.8 points (up 23.0%).

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 35.3.


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