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GRANULES INDIA Gains 5%; BSE HEALTHCARE Index Up 1.0%
Wed, 28 Aug 15:5

GRANULES INDIA Gains 5%; BSE HEALTHCARE Index Up 1.0%Image source: phive2015/www.istockphoto.com

GRANULES INDIA share price has zoomed 5% and is presently trading at Rs 704.4.

Meanwhile, the BSE HEALTHCARE index is at 42,768.5 (up 1.0%).

Among the top gainers in the BSE HEALTHCARE index today are AJANTA PHARMA (up 3.4%) and Divis Laboratories (up 3.0%).

CAPLIN POINT (down 4.4%) and GSK Pharma (down 2.1%) are among the top losers today.

Over the last one year, GRANULES INDIA has moved up from Rs 299.0 to Rs 704.4, registering a gain of Rs 405.4 (up 135.6%).

On the other hand, the BSE HEALTHCARE index has moved up from 27,859.6 to 42,768.5, registering a gain of 53.5% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were GRANULES INDIA (up 135.6%), Glenmark Pharma (up 122.6%) and SUVEN PHARMACEUTICALS (up 106.6%).

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What About the Benchmark Indices?

The BSE Sensex is at 81,829.5 (up 0.1%).

The top gainers among the BSE Sensex today are Indusind Bank (up 2.5%) and Bharti Airtel (up 2.2%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.

In the meantime, NSE Nifty is at 25,057.2 (up 0.2%). LTIMINDTREE and Wipro are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,996.6 to 81,829.5, registering a gain of 16,832.9 points (up 25.9%).

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 34.7.


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