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Procter & Gamble Health Plunges 3%; BSE HEALTHCARE Index Down 0.0%
Thu, 22 Aug 10:20

Procter & Gamble Health Plunges 3%; BSE HEALTHCARE Index Down 0.0%Image source: ThinkNeo/www.istockphoto.com

Procter & Gamble Health share price has plunged 3% and is presently trading at Rs 5,215.0.

Meanwhile, the BSE HEALTHCARE index is at 41,991.6 .

Among the top losers in the BSE HEALTHCARE index today are GSK Pharma (down 2.9%) and Dr. Reddys (down 1.5%).

AARTI DRUGS (up 7.6%) and HIKAL CHEMIC (up 3.2%) are among the top gainers today.

Over the last one year, Procter & Gamble Health has moved down from Rs 5,393.4 to Rs 5,215.0, registering a loss of Rs 178.4 (down 3.3%).

On the other hand, the BSE HEALTHCARE index has moved up from 28,021.8 to 41,991.6, registering a gain of 49.9% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were GRANULES INDIA (up 130.7%), Glenmark Pharma (up 114.8%) and GSK Pharma (up 111.9%).

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What About the Benchmark Indices?

The BSE Sensex is at 81,030.5 (up 0.2%).

The top gainers among the BSE Sensex today are Bharti Airtel (up 1.2%) and Asian Paints (up 1.0%). The most traded stocks in the BSE Sensex are Bharti Airtel and Tata Steel.

In the meantime, NSE Nifty is at 24,813.8 (up 0.2%). Grasim Industries and Tata Consumer Products are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,216.1 to 81,030.5, registering a gain of 15,814.4 points (up 24.2%).

Procter & Gamble Health Financial Update...

Procter & Gamble Health net profit fell 21.3% YoY to Rs 466 million for the quarter ended March 2024, compared to a profit of Rs 592 million a year ago. Net sales declined 21.3% to Rs 2,525 million during the period as against Rs 3,209 million in January-March 2023.

For the year ended June 2023, Procter & Gamble Health reported 19.2% increase in net profit to Rs 2,295 million compared to net profit of Rs 1,925 million during FY22. Revenue of the company grew 10.3% to Rs 12,296 million during FY23.

The current Price to earnings ratio of Procter & Gamble Health, based on rolling 12 month earnings, stands at 40.4.


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