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AMI ORGANICS Gains 7%; BSE HEALTHCARE Index Down 0.1%
Wed, 30 Oct 11:57

AMI ORGANICS Gains 7%; BSE HEALTHCARE Index Down 0.1%Image source: peterschreiber.media/www.istockphoto.com

AMI ORGANICS share price has zoomed 7% and is presently trading at Rs 1,952.4.

Meanwhile, the BSE HEALTHCARE index is at 43,155.8 (down 0.1%).

Among the top gainers in the BSE HEALTHCARE index today are POLY MEDICURE (up 8.1%) and GSK Pharma (up 3.7%).

Cipla (down 3.8%) and Jubilant Pharmova (down 3.6%) are among the top losers today.

Over the last one year, AMI ORGANICS has moved up from Rs 1,158.2 to Rs 1,952.4, registering a gain of Rs 794.2 (up 68.6%).

On the other hand, the BSE HEALTHCARE index has moved up from 27,385.2 to 43,155.8, registering a gain of 57.6% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were Jubilant Pharmova (up 179.9%), SUVEN PHARMACEUTICALS (up 126.0%) and Glenmark Pharma (up 125.2%).

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

What About the Benchmark Indices?

The BSE Sensex is at 80,256.3 (down 0.1%).

The top losers among the BSE Sensex today are ICICI Bank (down 1.7%) and Axis Bank (down 1.0%). The most traded stocks in the BSE Sensex are Power Grid Corp. and Tata Motors.

In the meantime, NSE Nifty is at 24,437.3 (down 0.1%). Cipla and SBI LIFE INSURANCE are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,112.7 to 80,256.3, registering a gain of 16,143.6 points (up 25.2%).

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 83.5.


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