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AMI ORGANICS Gains 6%; BSE HEALTHCARE Index Up 0.1%
Fri, 13 Sep 13:48

AMI ORGANICS Gains 6%; BSE HEALTHCARE Index Up 0.1%Image source: StarLineArts/www.istockphoto.com

AMI ORGANICS share price has zoomed 6% and is presently trading at Rs 1,543.0.

Meanwhile, the BSE HEALTHCARE index is at 44,319.2 (up 0.1%).

Among the top gainers in the BSE HEALTHCARE index today are Jubilant Pharmova (up 9.9%) and J.B.Chemicals (up 2.3%).

KIMS (down 79.7%) and NARAYANA HRUDAYALAYA (down 4.3%) are among the top losers today.

Over the last one year, AMI ORGANICS has moved up from Rs 1,341.0 to Rs 1,543.0, registering a gain of Rs 202.0 (up 15.1%).

On the other hand, the BSE HEALTHCARE index has moved up from 28,436.8 to 44,319.2, registering a gain of 55.9% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were Jubilant Pharmova (up 155.8%), SUVEN PHARMACEUTICALS (up 131.3%) and Glenmark Pharma (up 115.5%).

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What About the Benchmark Indices?

The BSE Sensex is at 82,894.7 (down 0.1%).

The top losers among the BSE Sensex today are ITC (down 1.3%) and MUNDRA PORT & SEZ (down 1.2%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.

In the meantime, NSE Nifty is at 25,364.8 (down 0.1%). SBI LIFE INSURANCE and HDFC LIFE INSURANCE are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 67,127.1 to 82,894.7, registering a gain of 15,767.6 points (up 23.5%).

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 153.4.


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