IOL CHEMICALS & PHARM. share price has zoomed 5% and is presently trading at Rs 487.3.
Meanwhile, the BSE HEALTHCARE index is at 44,227.8 (up 1.0%).
Among the top gainers in the BSE HEALTHCARE index today are FDC (up 10.2%) and MAX HEALTHCARE INSTITUTE (up 4.6%).
GRANULES INDIA (down 9.6%) and POLY MEDICURE (down 1.0%) are among the top losers today.
Over the last one year, IOL CHEMICALS & PHARM. has moved up from Rs 461.9 to Rs 487.3, registering a gain of Rs 25.4 (up 5.5%).
On the other hand, the BSE HEALTHCARE index has moved up from 28,436.8 to 44,227.8, registering a gain of 55.5% during the last 12 months.
The top gainers among the BSE HEALTHCARE index stocks during this same period were Jubilant Pharmova (up 132.2%), SUVEN PHARMACEUTICALS (up 128.7%) and Glenmark Pharma (up 114.3%).
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The BSE Sensex is at 81,736.5 (up 0.3%).
The top gainers among the BSE Sensex today are M&M (up 1.5%) and Kotak Bank (up 1.5%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.
In the meantime, NSE Nifty is at 25,011.2 (up 0.4%). Bajaj Auto and Shriram Transport are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 67,127.1 to 81,736.5, registering a gain of 14,609.4 points (up 21.8%).
IOL CHEMICALS & PHARM. net profit fell 34.6% YoY to Rs 300 million for the quarter ended June 2024, compared to a profit of Rs 459 million a year ago. Net sales declined 10.8% to Rs 5,024 million during the period as against Rs 5,632 million in April-June 2023.
For the year ended March 2024, IOL CHEMICALS & PHARM. reported 3.4% decrease in net profit to Rs 1,344 million compared to net profit of Rs 1,391 million during FY23. Revenue of the company fell 3.8% to Rs 21,328 million during FY24.
The current Price to earnings ratio of IOL CHEMICALS & PHARM., based on rolling 12 month earnings, stands at 24.1.
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