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IOL CHEMICALS & PHARM. Gains 4%; BSE HEALTHCARE Index Down 0.3%
Thu, 20 Jun 13:18

IOL CHEMICALS & PHARM. share price has zoomed 4% and is presently trading at Rs 419.6.

Meanwhile, the BSE HEALTHCARE index is at 36,729.8 (down 0.3%).

Among the top gainers in the BSE HEALTHCARE index today are HIKAL CHEMIC (up 3.8%) and Biocon (up 2.6%).

SUVEN PHARMACEUTICALS (down 3.0%) and Sanofi India (down 2.7%) are among the top losers today.

Over the last one year, IOL CHEMICALS & PHARM. has moved down from Rs 443.8 to Rs 419.6, registering a loss of Rs 24.2 (down 5.5%).

On the other hand, the BSE HEALTHCARE index has moved up from 25,118.0 to 36,729.8, registering a gain of 46.2% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were Cadila Healthcare (up 94.9%), Glenmark Pharma (up 94.7%) and Lupin (up 88.5%).

Must See: These Segments are Witnessing Incredible Growth with Modi's Push

What About the Benchmark Indices?

The BSE Sensex is at 77,471.1 (up 0.2%).

The top gainers among the BSE Sensex today are JSW Steel (up 2.2%) and Reliance Ind. (up 1.4%). The most traded stocks in the BSE Sensex are Tata Steel and HDFC Bank.

In the meantime, NSE Nifty is at 23,552.5 (up 0.2%). Hindalco and JSW Steel are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 63,168.3 to 77,471.1, registering a gain of 14,302.8 points (up 22.6%).

IOL CHEMICALS & PHARM. Financial Update...

IOL CHEMICALS & PHARM. net profit fell 57.4% YoY to Rs 276 million for the quarter ended March 2024, compared to a profit of Rs 648 million a year ago. Net sales declined 14.2% to Rs 5,039 million during the period as against Rs 5,872 million in January-March 2023.

For the year ended March 2023, IOL CHEMICALS & PHARM. reported 17.0% decrease in net profit to Rs 1,391 million compared to net profit of Rs 1,677 million during FY22. Revenue of the company grew 1.5% to Rs 22,171 million during FY23.

The current Price to earnings ratio of IOL CHEMICALS & PHARM., based on rolling 12 month earnings, stands at 18.3.


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