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ASTRAZENECA PHARMA Plunges 5%; BSE HEALTHCARE Index Down 0.3%
Wed, 25 Sep 9:29

ASTRAZENECA PHARMA Plunges 5%; BSE HEALTHCARE Index Down 0.3%Image source: phive2015/www.istockphoto.com

ASTRAZENECA PHARMA share price has plunged 5% and is presently trading at Rs 7,478.4.

Meanwhile, the BSE HEALTHCARE index is at 44,081.5 (down 0.3%).

Among the top losers in the BSE HEALTHCARE index today are MAX HEALTHCARE INSTITUTE (down 4.7%) and AARTI DRUGS (down 1.9%).

Sanofi India (up 0.7%) and GLAND PHARMA (up 0.7%) are among the top gainers today.

Over the last one year, ASTRAZENECA PHARMA has moved up from Rs 4,581.7 to Rs 7,478.4, registering a gain of Rs 2,896.8 (up 63.2%).

On the other hand, the BSE HEALTHCARE index has moved up from 27,800.9 to 44,081.5, registering a gain of 58.6% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were Jubilant Pharmova (up 181.6%), SUVEN PHARMACEUTICALS (up 126.1%) and Glenmark Pharma (up 115.1%).

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What About the Benchmark Indices?

The BSE Sensex is at 84,903.9 .

The top losers among the BSE Sensex today are Asian Paints (down 0.7%) and Nestle (down 0.6%). The most traded stocks in the BSE Sensex are HDFC Bank and Tata Steel.

In the meantime, NSE Nifty is at 25,940.5 . TATA STEEL 2% CCPS and LTIMINDTREE are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,023.7 to 84,903.9, registering a gain of 18,880.2 points (up 28.6%).

ASTRAZENECA PHARMA Financial Update...

ASTRAZENECA PHARMA net profit fell 121.9% YoY to Rs -118 million for the quarter ended June 2024, compared to a profit of Rs 539 million a year ago. Net sales rose 31.2% to Rs 3,875 million during the period as against Rs 2,955 million in April-June 2023.

For the year ended March 2024, ASTRAZENECA PHARMA reported 62.7% increase in net profit to Rs 1,615 million compared to net profit of Rs 993 million during FY23. Revenue of the company grew 29.2% to Rs 12,955 million during FY24.

The current Price to earnings ratio of ASTRAZENECA PHARMA, based on rolling 12 month earnings, stands at 195.0.


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