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BAJAJ HEALTHCARE Gains 7%; BSE HEALTHCARE Index Up 0.1%
Tue, 9 Jul 9:57

BAJAJ HEALTHCARE Gains 7%; BSE HEALTHCARE Index Up 0.1%Image source: alexsl/www.istockphoto.com

BAJAJ HEALTHCARE share price has zoomed 7% and is presently trading at Rs 397.9.

Meanwhile, the BSE HEALTHCARE index is at 38,113.3 (up 0.1%).

Among the top gainers in the BSE HEALTHCARE index today are GSK Pharma (up 2.5%) and DR. LAL PATHLABS (up 1.8%).

Natco Pharma (down 1.4%) and Jubilant Pharmova (down 1.2%) are among the top losers today.

Over the last one year, BAJAJ HEALTHCARE has moved up from Rs 313.7 to Rs 397.9, registering a gain of Rs 84.2 (up 26.8%).

On the other hand, the BSE HEALTHCARE index has moved up from 25,852.5 to 38,113.3, registering a gain of 47.4% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were Glenmark Pharma (up 104.8%), Cadila Healthcare (up 98.6%) and Lupin (up 97.5%).

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

What About the Benchmark Indices?

The BSE Sensex is at 80,136.9 (up 0.2%).

The top gainers among the BSE Sensex today are Maruti Suzuki (up 4.3%) and Titan (up 1.5%). The most traded stocks in the BSE Sensex are Tata Steel and ITC.

In the meantime, NSE Nifty is at 24,362.4 (up 0.2%). Maruti Suzuki and MUNDRA PORT & SEZ are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,446.0 to 80,136.9, registering a gain of 14,690.9 points (up 22.4%).

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 -76.6.


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