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AMI ORGANICS Gains 6%; BSE HEALTHCARE Index Up 0.9%
Tue, 12 Nov 10:56

AMI ORGANICS Gains 6%; BSE HEALTHCARE Index Up 0.9%Image source: Nikada/www.istockphoto.com

AMI ORGANICS share price has zoomed 6% and is presently trading at Rs 2,060.0.

Meanwhile, the BSE HEALTHCARE index is at 43,876.3 (up 0.9%).

Among the top gainers in the BSE HEALTHCARE index today are ASTRAZENECA PHARMA (up 6.5%) and FORTIS HEALTHCARE (up 4.1%).

Dr. Reddys (down 0.7%) and Cipla (down 0.5%) are among the top losers today.

Over the last one year, AMI ORGANICS has moved up from Rs 1,179.6 to Rs 2,060.0, registering a gain of Rs 880.4 (up 74.6%).

On the other hand, the BSE HEALTHCARE index has moved up from 28,646.0 to 43,876.3, registering a gain of 53.2% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were Jubilant Pharmova (up 208.5%), SUVEN PHARMACEUTICALS (up 121.5%) and Glenmark Pharma (up 107.4%).

For Investors: Our Big Prediction

What About the Benchmark Indices?

The BSE Sensex is at 79,480.9 .

The top losers among the BSE Sensex today are HDFC Bank (down 1.7%) and Asian Paints (down 1.4%). The most traded stocks in the BSE Sensex are Tata Motors and Tata Steel.

In the meantime, NSE Nifty is at 24,135.6 . HDFC Bank and Asian Paints are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,975.6 to 79,480.9, registering a gain of 14,505.3 points (up 22.3%).

AMI ORGANICS Financial Update...

AMI ORGANICS net profit grew 320.7% YoY to Rs 376 million for the quarter ended September 2024, compared to a loss of Rs 170 million a year ago. Net sales rose 43.2% to Rs 2,467 million during the period as against Rs 1,724 million in July-September 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 88.1.


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