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JUBILANT INDUSTRIES Gains 5%; BSE HEALTHCARE Index Up 0.3%
Fri, 6 Sep 9:47

JUBILANT INDUSTRIES Gains 5%; BSE HEALTHCARE Index Up 0.3%Image source: Sakorn BernardaSv/www.istockphoto.com

JUBILANT INDUSTRIES share price has zoomed 5% and is presently trading at Rs 1,859.3.

Meanwhile, the BSE HEALTHCARE index is at 43,724.5 (up 0.3%).

Among the top gainers in the BSE HEALTHCARE index today are ASTER DM HEALTHCARE (up 3.2%) and ERIS LIFESCIENCES (up 3.1%).

KIMS (down 1.4%) and Biocon (down 1.2%) are among the top losers today.

Over the last one year, JUBILANT INDUSTRIES has moved up from Rs 729.1 to Rs 1,859.3, registering a gain of Rs 1,130.2 (up 155.0%).

On the other hand, the BSE HEALTHCARE index has moved up from 27,804.5 to 43,724.5, registering a gain of 57.3% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were SUVEN PHARMACEUTICALS (up 132.8%), GRANULES INDIA (up 131.3%) and Glenmark Pharma (up 125.8%).

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What About the Benchmark Indices?

The BSE Sensex is at 81,897.3 (down 0.4%).

The top losers among the BSE Sensex today are SBI (down 1.6%) and Ultratech Cement (down 0.8%). The most traded stocks in the BSE Sensex are Tata Steel and SBI.

In the meantime, NSE Nifty is at 25,064.3 (down 0.3%). SBI and Coal India are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,628.1 to 81,897.3, registering a gain of 16,269.2 points (up 24.8%).

JUBILANT INDUSTRIES Financial Update...

JUBILANT INDUSTRIES net profit grew 25.0% YoY to Rs 261 million for the quarter ended June 2024, compared to a profit of Rs 209 million a year ago. Net sales rose 2.7% to Rs 3,581 million during the period as against Rs 3,487 million in April-June 2023.

For the year ended March 2024, JUBILANT INDUSTRIES reported 44.7% decrease in net profit to Rs 292 million compared to net profit of Rs 528 million during FY23. Revenue of the company fell 14.9% to Rs 12,533 million during FY24.

The current Price to earnings ratio of JUBILANT INDUSTRIES, based on rolling 12 month earnings, stands at 81.4.


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