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ALEMBIC PHARMA Gains 4%; BSE HEALTHCARE Index Down 0.0%
Wed, 16 Oct 9:55

ALEMBIC PHARMA Gains 4%; BSE HEALTHCARE Index Down 0.0%Image source: hudiemm/www.istockphoto.com

ALEMBIC PHARMA share price has zoomed 4% and is presently trading at Rs 1,198.6.

Meanwhile, the BSE HEALTHCARE index is at 44,738.5 .

Among the top gainers in the BSE HEALTHCARE index today are HIKAL CHEMIC (up 2.8%) and AJANTA PHARMA (up 1.7%).

IPCA Labs (down 2.4%) and POLY MEDICURE (down 2.1%) are among the top losers today.

Over the last one year, ALEMBIC PHARMA has moved up from Rs 805.8 to Rs 1,198.6, registering a gain of Rs 392.9 (up 48.8%).

On the other hand, the BSE HEALTHCARE index has moved up from 28,166.2 to 44,738.5, registering a gain of 58.8% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were Jubilant Pharmova (up 198.3%), Glenmark Pharma (up 122.2%) and SUVEN PHARMACEUTICALS (up 106.9%).

Dear Reader: If You Invest in Midcap Stocks, this is for You

What About the Benchmark Indices?

The BSE Sensex is at 81,877.6 (up 0.1%).

The top gainers among the BSE Sensex today are HDFC Bank (up 0.9%) and Bajaj Finserv (up 0.8%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 25,080.1 (up 0.1%). HDFC LIFE INSURANCE and Hindalco are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,166.9 to 81,877.6, registering a gain of 15,710.7 points (up 23.7%).

ALEMBIC PHARMA Financial Update...

ALEMBIC PHARMA net profit grew 11.3% YoY to Rs 1,342 million for the quarter ended June 2024, compared to a profit of Rs 1,206 million a year ago. Net sales rose 5.1% to Rs 15,617 million during the period as against Rs 14,862 million in April-June 2023.

For the year ended March 2024, ALEMBIC PHARMA reported 80.1% increase in net profit to Rs 6,158 million compared to net profit of Rs 3,420 million during FY23. Revenue of the company grew 10.2% to Rs 62,286 million during FY24.

The current Price to earnings ratio of ALEMBIC PHARMA, based on rolling 12 month earnings, stands at 37.4.


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