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CAPLIN POINT Plunges 7%; BSE HEALTHCARE Index Up 0.2%
Thu, 8 Aug 16:23

CAPLIN POINT Plunges 7%; BSE HEALTHCARE Index Up 0.2%Image source: KanawatTH/www.istockphoto.com

CAPLIN POINT share price has plunged 7% and is presently trading at Rs 1,475.1.

Meanwhile, the BSE HEALTHCARE index is at 40,926.1 (up 0.2%).

Among the top losers in the BSE HEALTHCARE index today are ASTRAZENECA PHARMA (down 7.5%) and FDC (down 3.7%).

ALKEM LABORATORIES (up 3.6%) and ERIS LIFESCIENCES (up 3.3%) are among the top gainers today.

Over the last one year, CAPLIN POINT has moved up from Rs 896.5 to Rs 1,475.1, registering a gain of Rs 578.7 (up 64.5%).

On the other hand, the BSE HEALTHCARE index has moved up from 28,300.0 to 40,926.1, registering a gain of 44.6% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were Jubilant Pharmova (up 115.2%), GSK Pharma (up 105.8%) and SUVEN PHARMACEUTICALS (up 104.1%).

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What About the Benchmark Indices?

The BSE Sensex is at 78,886.2 (down 0.7%).

The top losers among the BSE Sensex today are Asian Paints (down 3.6%) and Infosys (down 2.9%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,098.7 (down 0.8%). LTIMINDTREE and Grasim Industries are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,953.5 to 78,886.2, registering a gain of 12,932.7 points (up 19.6%).

CAPLIN POINT Financial Update...

CAPLIN POINT net profit grew 19.9% YoY to Rs 1,249 million for the quarter ended June 2024, compared to a profit of Rs 1,042 million a year ago. Net sales rose 16.1% to Rs 4,590 million during the period as against Rs 3,953 million in April-June 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 23.3.


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