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ALEMBIC Gains 6%; BSE HEALTHCARE Index Down 0.0%
Fri, 12 Jul 14:14

ALEMBIC Gains 6%; BSE HEALTHCARE Index Down 0.0%Image source: Chunumunu/www.istockphoto.com

ALEMBIC share price has zoomed 6% and is presently trading at Rs 145.2.

Meanwhile, the BSE HEALTHCARE index is at 38,435.3 .

Among the top gainers in the BSE HEALTHCARE index today are HIKAL CHEMIC (up 4.0%) and FORTIS HEALTHCARE (up 2.4%).

NARAYANA HRUDAYALAYA (down 1.6%) and KIMS (down 1.5%) are among the top losers today.

Over the last one year, ALEMBIC has moved up from Rs 72.6 to Rs 145.2, registering a gain of Rs 72.5 (up 99.8%).

On the other hand, the BSE HEALTHCARE index has moved up from 25,922.2 to 38,435.3, registering a gain of 48.3% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were Glenmark Pharma (up 107.4%), Cadila Healthcare (up 102.4%) and Lupin (up 99.7%).

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What About the Benchmark Indices?

The BSE Sensex is at 80,713.1 (up 1.0%).

The top gainers among the BSE Sensex today are TCS (up 6.9%) and Infosys (up 3.7%). The most traded stocks in the BSE Sensex are Tata Steel and ITC.

In the meantime, NSE Nifty is at 24,561.1 (up 1.0%). TCS and Wipro are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,344.2 to 80,713.1, registering a gain of 15,368.9 points (up 23.5%).

ALEMBIC Financial Update...

ALEMBIC net profit grew 353.0% YoY to Rs 213 million for the quarter ended March 2024, compared to a profit of Rs 47 million a year ago. Net sales rose 32.1% to Rs 490 million during the period as against Rs 371 million in January-March 2023.

For the year ended March 2023, ALEMBIC reported 6.5% decrease in net profit to Rs 806 million compared to net profit of Rs 862 million during FY22. Revenue of the company grew 62.7% to Rs 1,272 million during FY23.

The current Price to earnings ratio of ALEMBIC, based on rolling 12 month earnings, stands at 40.1.


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