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METROPOLIS HEALTHCARE Gains 5%; BSE HEALTHCARE Index Up 0.9%
Fri, 16 Aug 15:43

METROPOLIS HEALTHCARE Gains 5%; BSE HEALTHCARE Index Up 0.9%Image source: Chunumunu/www.istockphoto.com

METROPOLIS HEALTHCARE share price has zoomed 5% and is presently trading at Rs 2,075.5.

Meanwhile, the BSE HEALTHCARE index is at 41,166.6 (up 0.9%).

Among the top gainers in the BSE HEALTHCARE index today are Glenmark Pharma (up 4.8%) and POLY MEDICURE (up 4.2%).

GRANULES INDIA (down 1.6%) and AJANTA PHARMA (down 1.6%) are among the top losers today.

Over the last one year, METROPOLIS HEALTHCARE has moved up from Rs 1,346.3 to Rs 2,075.5, registering a gain of Rs 729.3 (up 54.2%).

On the other hand, the BSE HEALTHCARE index has moved up from 27,819.2 to 41,166.6, registering a gain of 48.0% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were GRANULES INDIA (up 125.8%), GSK Pharma (up 105.5%) and Jubilant Pharmova (up 98.1%).

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What About the Benchmark Indices?

The BSE Sensex is at 80,436.8 (up 1.7%).

The top gainers among the BSE Sensex today are Tech Mahindra (up 3.9%) and M&M (up 3.4%). The most traded stocks in the BSE Sensex are Tata Steel and ITC.

In the meantime, NSE Nifty is at 24,539.2 (up 1.6%). Wipro and Tech Mahindra are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,401.9 to 80,436.8, registering a gain of 15,034.9 points (up 23.0%).

METROPOLIS HEALTHCARE Financial Update...

METROPOLIS HEALTHCARE net profit grew 31.5% YoY to Rs 381 million for the quarter ended June 2024, compared to a profit of Rs 290 million a year ago. Net sales rose 13.1% to Rs 3,134 million during the period as against Rs 2,771 million in April-June 2023.

For the year ended March 2024, METROPOLIS HEALTHCARE reported 10.4% decrease in net profit to Rs 1,285 million compared to net profit of Rs 1,434 million during FY23. Revenue of the company grew 5.2% to Rs 12,077 million during FY24.

The current Price to earnings ratio of METROPOLIS HEALTHCARE, based on rolling 12 month earnings, stands at 77.3.


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