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BAJAJ HEALTHCARE Gains 6%; BSE HEALTHCARE Index Down 0.0%
Mon, 8 Jul 10:0

BAJAJ HEALTHCARE Gains 6%; BSE HEALTHCARE Index Down 0.0%Image source: StarLineArts/www.istockphoto.com

BAJAJ HEALTHCARE share price has zoomed 6% and is presently trading at Rs 378.0.

Meanwhile, the BSE HEALTHCARE index is at 38,235.8 .

Among the top gainers in the BSE HEALTHCARE index today are POLY MEDICURE (up 1.3%) and ERIS LIFESCIENCES (up 1.2%).

CAPLIN POINT (down 2.2%) and ASTRAZENECA PHARMA (down 1.8%) are among the top losers today.

Over the last one year, BAJAJ HEALTHCARE has moved up from Rs 314.3 to Rs 378.0, registering a gain of Rs 63.7 (up 20.3%).

On the other hand, the BSE HEALTHCARE index has moved up from 25,703.5 to 38,235.8, registering a gain of 48.8% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were Glenmark Pharma (up 107.8%), Cadila Healthcare (up 103.4%) and Lupin (up 98.8%).

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

What About the Benchmark Indices?

The BSE Sensex is at 79,855.2 (down 0.2%).

The top losers among the BSE Sensex today are Titan (down 4.1%) and Asian Paints (down 1.2%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,276.6 (down 0.2%). Titan and Divis Laboratories are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,479.1 to 79,855.2, registering a gain of 14,376.1 points (up 22.0%).

BAJAJ HEALTHCARE Financial Update...

BAJAJ HEALTHCARE net profit fell 386.9% YoY to Rs -320 million for the quarter ended March 2024, compared to a profit of Rs 112 million a year ago. Net sales declined 13.1% to Rs 1,339 million during the period as against Rs 1,541 million in January-March 2023.

For the year ended March 2023, BAJAJ HEALTHCARE reported 39.7% decrease in net profit to Rs 430 million compared to net profit of Rs 714 million during FY22. Revenue of the company fell 1.0% to Rs 6,733 million during FY23.

The current Price to earnings ratio of BAJAJ HEALTHCARE, based on rolling 12 month earnings, stands at -72.8.


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