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IOL CHEMICALS & PHARM. Gains 7%; BSE HEALTHCARE Index Up 0.1%
Tue, 2 Jul 9:28

IOL CHEMICALS & PHARM. Gains 7%; BSE HEALTHCARE Index Up 0.1%Image source: DNY59/www.istockphoto.com

IOL CHEMICALS & PHARM. share price has zoomed 7% and is presently trading at Rs 437.4.

Meanwhile, the BSE HEALTHCARE index is at 37,289.9 (up 0.1%).

Among the top gainers in the BSE HEALTHCARE index today are J.B.Chemicals (up 2.4%) and ALEMBIC PHARMA (up 2.2%).

MAX HEALTHCARE INSTITUTE (down 1.5%) and KIMS (down 0.6%) are among the top losers today.

Over the last one year, IOL CHEMICALS & PHARM. has moved up from Rs 415.2 to Rs 437.4, registering a gain of Rs 22.2 (up 5.3%).

On the other hand, the BSE HEALTHCARE index has moved up from 25,634.3 to 37,289.9, registering a gain of 45.5% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were Glenmark Pharma (up 86.3%), Cadila Healthcare (up 83.7%) and CAPLIN POINT (up 83.5%).

Dear Reader: If You Invest in Midcap Stocks, this is for You

What About the Benchmark Indices?

The BSE Sensex is at 79,620.3 (up 0.2%).

The top gainers among the BSE Sensex today are HCl Tech. (up 1.2%) and Bharti Airtel (up 1.2%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,176.0 (up 0.1%). Wipro and ONGC are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 63,915.4 to 79,620.3, registering a gain of 15,704.9 points (up 24.6%).

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 19.1.


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