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BAJAJ HEALTHCARE Gains 6%; BSE HEALTHCARE Index Down 0.2%
Tue, 17 Sep 10:56

BAJAJ HEALTHCARE Gains 6%; BSE HEALTHCARE Index Down 0.2%Image source: peterschreiber.media/www.istockphoto.com

BAJAJ HEALTHCARE share price has zoomed 6% and is presently trading at Rs 406.0.

Meanwhile, the BSE HEALTHCARE index is at 44,289.8 (down 0.2%).

Among the top gainers in the BSE HEALTHCARE index today are ALEMBIC PHARMA (up 1.6%) and Divis Laboratories (up 1.0%).

Biocon (down 2.6%) and KIMS (down 2.2%) are among the top losers today.

Over the last one year, BAJAJ HEALTHCARE has moved down from Rs 413.4 to Rs 406.0, registering a loss of Rs 7.4 (down 1.8%).

On the other hand, the BSE HEALTHCARE index has moved up from 28,434.4 to 44,289.8, registering a gain of 55.8% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were Jubilant Pharmova (up 172.2%), SUVEN PHARMACEUTICALS (up 124.0%) and Glenmark Pharma (up 100.8%).

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What About the Benchmark Indices?

The BSE Sensex is at 82,973.0 .

The top losers among the BSE Sensex today are Tata Motors (down 2.1%) and MUNDRA PORT & SEZ (down 1.1%). The most traded stocks in the BSE Sensex are Tata Motors and Tata Steel.

In the meantime, NSE Nifty is at 25,412.3 (up 0.1%). Hero Motocorp and Divis Laboratories are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 67,467.0 to 82,973.0, registering a gain of 15,506.0 points (up 23.0%).

BAJAJ HEALTHCARE Financial Update...

BAJAJ HEALTHCARE net profit grew 14.2% YoY to Rs 80 million for the quarter ended June 2024, compared to a profit of Rs 70 million a year ago. Net sales rose 1.9% to Rs 1,322 million during the period as against Rs 1,297 million in April-June 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 -84.1.


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