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AMI ORGANICS Gains 7%; BSE HEALTHCARE Index Up 1.0%
Mon, 2 Dec 11:0

AMI ORGANICS Gains 7%; BSE HEALTHCARE Index Up 1.0%Image source: Sakorn BernardaSv/www.istockphoto.com

AMI ORGANICS share price has zoomed 7% and is presently trading at Rs 2,286.1.

Meanwhile, the BSE HEALTHCARE index is at 44,087.0 (up 1.0%).

Among the top gainers in the BSE HEALTHCARE index today are Natco Pharma (up 4.4%) and Biocon (up 3.8%).

POLY MEDICURE (down 2.9%) and GSK Pharma (down 1.1%) are among the top losers today.

Over the last one year, AMI ORGANICS has moved up from Rs 1,113.7 to Rs 2,286.1, registering a gain of Rs 1,172.4 (up 105.3%).

On the other hand, the BSE HEALTHCARE index has moved up from 29,654.9 to 44,087.0, registering a gain of 48.7% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were Jubilant Pharmova (up 185.8%), SUVEN PHARMACEUTICALS (up 105.7%) and Glenmark Pharma (up 100.5%).

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What About the Benchmark Indices?

The BSE Sensex is at 79,695.0 (down 0.1%).

The top losers among the BSE Sensex today are Indusind Bank (down 1.4%) and L&T (down 1.2%). The most traded stocks in the BSE Sensex are Tata Steel and Kotak Bank.

In the meantime, NSE Nifty is at 24,112.7 (down 0.1%). HDFC LIFE INSURANCE and Indusind Bank are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,174.2 to 79,695.0, registering a gain of 13,520.8 points (up 20.4%).

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 97.7.


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