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INNOVA CAPTAB LTD. Gains 10%; BSE HEALTHCARE Index Up 1.0%
Mon, 2 Dec 13:58

INNOVA CAPTAB LTD. Gains 10%; BSE HEALTHCARE Index Up 1.0%Image source: Sefa Ozel/www.istockphoto.com

INNOVA CAPTAB LTD. share price has zoomed 10% and is presently trading at Rs 1,125.3.

Meanwhile, the BSE HEALTHCARE index is at 44,089.8 (up 1.0%).

Among the top gainers in the BSE HEALTHCARE index today are Natco Pharma (up 3.7%) and APOLLO HOSPITALS (up 3.1%).

Jubilant Pharmova (down 2.7%) and GSK Pharma (down 1.9%) are among the top losers today.

Over the last one year, INNOVA CAPTAB LTD. has moved up from Rs 0.0 to Rs 1,125.3, registering a gain of Rs 1,125.3 .

On the other hand, the BSE HEALTHCARE index has moved up from 29,654.9 to 44,089.8, registering a gain of 48.7% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were Jubilant Pharmova (up 177.6%), SUVEN PHARMACEUTICALS (up 103.5%) and Glenmark Pharma (up 100.7%).

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What About the Benchmark Indices?

The BSE Sensex is at 79,882.5 (up 0.1%).

The top gainers among the BSE Sensex today are Ultratech Cement (up 4.7%) and M&M (up 1.6%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,172.7 (up 0.2%). Ultratech Cement and Grasim Industries are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,174.2 to 79,882.5, registering a gain of 13,708.3 points (up 20.7%).

INNOVA CAPTAB LTD. Financial Update...

INNOVA CAPTAB LTD. net profit grew 52.8% YoY to Rs 350 million for the quarter ended September 2024, compared to a profit of Rs 229 million a year ago. Net sales rose 12.5% to Rs 3,182 million during the period as against Rs 2,829 million in July-September 2023.

For the year ended March 2024, INNOVA CAPTAB LTD. reported 38.8% increase in net profit to Rs 943 million compared to net profit of Rs 680 million during FY23. Revenue of the company grew 16.7% to Rs 10,813 million during FY24.

The current Price to earnings ratio of INNOVA CAPTAB LTD., based on rolling 12 month earnings, stands at 54.4.


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