CAPLIN POINT share price has plunged 4% and is presently trading at Rs 1,398.6.
Meanwhile, the BSE HEALTHCARE index is at 36,937.0 (up 0.5%).
Among the top losers in the BSE HEALTHCARE index today are Sanofi India (down 35.1%) and NARAYANA HRUDAYALAYA (down 1.5%).
Divis Laboratories (up 3.6%) and METROPOLIS HEALTHCARE (up 2.7%) are among the top gainers today.
Over the last one year, CAPLIN POINT has moved up from Rs 810.9 to Rs 1,398.6, registering a gain of Rs 587.7 (up 72.5%).
On the other hand, the BSE HEALTHCARE index has moved up from 24,190.1 to 36,937.0, registering a gain of 52.7% during the last 12 months.
The top gainers among the BSE HEALTHCARE index stocks during this same period were Cadila Healthcare (up 113.7%), Jubilant Pharmova (up 105.7%) and Lupin (up 95.9%).
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The BSE Sensex is at 76,869.5 (up 0.3%).
The top gainers among the BSE Sensex today are L&T (up 1.8%) and Titan (up 1.5%). The most traded stocks in the BSE Sensex are Tata Steel and SBI.
In the meantime, NSE Nifty is at 23,393.6 (up 0.3%). HDFC LIFE INSURANCE and Divis Laboratories are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 62,724.7 to 76,869.5, registering a gain of 14,144.8 points (up 22.6%).
CAPLIN POINT net profit grew 19.8% YoY to Rs 1,212 million for the quarter ended March 2024, compared to a profit of Rs 1,012 million a year ago. Net sales rose 16.4% to Rs 4,532 million during the period as against Rs 3,893 million in January-March 2023.
For the year ended March 2023, CAPLIN POINT reported 22.2% increase in net profit to Rs 3,770 million compared to net profit of Rs 3,085 million during FY22. Revenue of the company grew 15.5% to Rs 14,667 million during FY23.
The current Price to earnings ratio of CAPLIN POINT, based on rolling 12 month earnings, stands at 23.0.
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