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GRANULES INDIA Gains 5%; BSE HEALTHCARE Index Up 0.9%
Wed, 31 Jul 10:53

GRANULES INDIA Gains 5%; BSE HEALTHCARE Index Up 0.9%Image source: peterschreiber.media/www.istockphoto.com

GRANULES INDIA share price has zoomed 5% and is presently trading at Rs 620.0.

Meanwhile, the BSE HEALTHCARE index is at 40,519.4 (up 0.9%).

Among the top gainers in the BSE HEALTHCARE index today are SUVEN PHARMACEUTICALS (up 10.4%) and Jubilant Pharmova (up 4.6%).

POLY MEDICURE (down 1.8%) and J.B.Chemicals (down 1.4%) are among the top losers today.

Over the last one year, GRANULES INDIA has moved up from Rs 323.2 to Rs 620.0, registering a gain of Rs 296.8 (up 91.8%).

On the other hand, the BSE HEALTHCARE index has moved up from 27,736.5 to 40,519.4, registering a gain of 46.1% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were SUVEN PHARMACEUTICALS (up 111.4%), Jubilant Pharmova (up 103.6%) and GSK Pharma (up 98.4%).

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What About the Benchmark Indices?

The BSE Sensex is at 81,735.1 (up 0.3%).

The top gainers among the BSE Sensex today are Asian Paints (up 2.4%) and NTPC (up 1.9%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,937.8 (up 0.3%). Asian Paints and NTPC are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,527.7 to 81,735.1, registering a gain of 15,207.4 points (up 22.9%).

GRANULES INDIA Financial Update...

GRANULES INDIA net profit grew 181.1% YoY to Rs 1,346 million for the quarter ended June 2024, compared to a profit of Rs 479 million a year ago. Net sales rose 19.7% to Rs 11,799 million during the period as against Rs 9,855 million in April-June 2023.

For the year ended March 2024, GRANULES INDIA reported 21.5% decrease in net profit to Rs 4,053 million compared to net profit of Rs 5,166 million during FY23. Revenue of the company fell 0.1% to Rs 45,064 million during FY24.

The current Price to earnings ratio of GRANULES INDIA, based on rolling 12 month earnings, stands at 30.5.


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