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AMI ORGANICS Gains 5%; BSE HEALTHCARE Index Down 0.1%
Thu, 26 Sep 16:32

AMI ORGANICS Gains 5%; BSE HEALTHCARE Index Down 0.1%Image source: hudiemm/www.istockphoto.com

AMI ORGANICS share price has zoomed 5% and is presently trading at Rs 1,747.0.

Meanwhile, the BSE HEALTHCARE index is at 44,128.3 (down 0.1%).

Among the top gainers in the BSE HEALTHCARE index today are FORTIS HEALTHCARE (up 2.5%) and Sun Pharma (up 1.6%).

Sanofi India (down 2.9%) and ASTRAZENECA PHARMA (down 2.8%) are among the top losers today.

Over the last one year, AMI ORGANICS has moved up from Rs 1,262.9 to Rs 1,747.0, registering a gain of Rs 484.2 (up 38.3%).

On the other hand, the BSE HEALTHCARE index has moved up from 27,800.9 to 44,128.3, registering a gain of 58.7% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were Jubilant Pharmova (up 180.2%), SUVEN PHARMACEUTICALS (up 122.9%) and Glenmark Pharma (up 112.6%).

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What About the Benchmark Indices?

The BSE Sensex is at 85,836.1 (up 0.8%).

The top gainers among the BSE Sensex today are Maruti Suzuki (up 4.5%) and Tata Motors (up 2.9%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 26,208.6 (up 0.8%). Maruti Suzuki and Grasim Industries are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,023.7 to 85,836.1, registering a gain of 19,812.4 points (up 30.0%).

AMI ORGANICS Financial Update...

AMI ORGANICS net profit fell 33.9% YoY to Rs 147 million for the quarter ended June 2024, compared to a profit of Rs 222 million a year ago. Net sales rose 14.9% to Rs 1,767 million during the period as against Rs 1,537 million in April-June 2023.

For the year ended March 2024, AMI ORGANICS reported 41.5% decrease in net profit to Rs 487 million compared to net profit of Rs 833 million during FY23. Revenue of the company grew 16.3% to Rs 7,175 million during FY24.

The current Price to earnings ratio of AMI ORGANICS, based on rolling 12 month earnings, stands at 173.7.


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