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PIRAMAL PHARMA Gains 5%; BSE HEALTHCARE Index Up 0.7%
Wed, 6 Nov 11:42

PIRAMAL PHARMA Gains 5%; BSE HEALTHCARE Index Up 0.7%Image source: hudiemm/www.istockphoto.com

PIRAMAL PHARMA share price has zoomed 5% and is presently trading at Rs 287.5.

Meanwhile, the BSE HEALTHCARE index is at 44,249.1 (up 0.7%).

Among the top gainers in the BSE HEALTHCARE index today are Procter & Gamble Health (up 4.0%) and SYNGENE INTERNATIONAL (up 3.0%).

GLAND PHARMA (down 1.6%) and Abbott India (down 1.6%) are among the top losers today.

Over the last one year, PIRAMAL PHARMA has moved up from Rs 108.5 to Rs 287.5, registering a gain of Rs 179.0 (up 164.9%).

On the other hand, the BSE HEALTHCARE index has moved up from 28,089.2 to 44,249.1, registering a gain of 57.5% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were Jubilant Pharmova (up 209.3%), SUVEN PHARMACEUTICALS (up 134.1%) and Glenmark Pharma (up 131.2%).

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

What About the Benchmark Indices?

The BSE Sensex is at 80,044.2 (up 0.7%).

The top gainers among the BSE Sensex today are HCl Tech. (up 3.6%) and TCS (up 3.6%). The most traded stocks in the BSE Sensex are ITC and Infosys.

In the meantime, NSE Nifty is at 24,381.8 (up 0.7%). TCS and HCl Tech. are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,958.7 to 80,044.2, registering a gain of 15,085.5 points (up 23.2%).

PIRAMAL PHARMA Financial Update...

PIRAMAL PHARMA net profit grew 137.8% YoY to Rs 53 million for the quarter ended September 2024, compared to a loss of Rs 141 million a year ago. Net sales rose 17.3% to Rs 22,418 million during the period as against Rs 19,114 million in July-September 2023.

For the year ended March 2024, PIRAMAL PHARMA reported 109.6% increase in net profit to Rs 178 million compared to net loss of Rs 1,865 million during FY23. Revenue of the company grew 15.4% to Rs 81,712 million during FY24.

The current Price to earnings ratio of PIRAMAL PHARMA, based on rolling 12 month earnings, stands at -1876.3.


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