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AMI ORGANICS Gains 6%; BSE HEALTHCARE Index Up 1.3%
Fri, 20 Sep 16:37

AMI ORGANICS Gains 6%; BSE HEALTHCARE Index Up 1.3%Image source: DNY59/www.istockphoto.com

AMI ORGANICS share price has zoomed 6% and is presently trading at Rs 1,623.9.

Meanwhile, the BSE HEALTHCARE index is at 44,203.5 (up 1.3%).

Among the top gainers in the BSE HEALTHCARE index today are MAX HEALTHCARE INSTITUTE (up 9.0%) and Torrent Pharma (up 3.6%).

POLY MEDICURE (down 5.2%) and Pfizer (down 4.5%) are among the top losers today.

Over the last one year, AMI ORGANICS has moved up from Rs 1,301.4 to Rs 1,623.9, registering a gain of Rs 322.5 (up 24.8%).

On the other hand, the BSE HEALTHCARE index has moved up from 28,508.7 to 44,203.5, registering a gain of 55.1% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were Jubilant Pharmova (up 172.7%), SUVEN PHARMACEUTICALS (up 119.2%) and Glenmark Pharma (up 89.3%).

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What About the Benchmark Indices?

The BSE Sensex is at 84,643.4 (up 1.8%).

The top gainers among the BSE Sensex today are M&M (up 5.4%) and ICICI Bank (up 5.2%). The most traded stocks in the BSE Sensex are Tata Steel and ICICI Bank.

In the meantime, NSE Nifty is at 25,822.6 (up 1.6%). M&M and ICICI Bank are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 67,596.8 to 84,643.4, registering a gain of 17,046.6 points (up 25.2%).

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 161.5.


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