SMS PHARMA share price has zoomed 6% and is presently trading at Rs 250.5.
Meanwhile, the BSE HEALTHCARE index is at 38,607.0 (up 1.2%).
Among the top gainers in the BSE HEALTHCARE index today are ALEMBIC PHARMA (up 6.8%) and POLY MEDICURE (up 2.7%).
Jubilant Pharmova (down 2.4%) and ASTRAZENECA PHARMA (down 0.7%) are among the top losers today.
Over the last one year, SMS PHARMA has moved up from Rs 112.0 to Rs 250.5, registering a gain of Rs 138.4 (up 123.5%).
On the other hand, the BSE HEALTHCARE index has moved up from 26,342.4 to 38,607.0, registering a gain of 46.6% during the last 12 months.
The top gainers among the BSE HEALTHCARE index stocks during this same period were Glenmark Pharma (up 96.4%), Lupin (up 95.4%) and POLY MEDICURE (up 92.6%).
Dear Reader: If You Invest in Midcap Stocks, this is for You
The BSE Sensex is at 80,746.0 (up 0.2%).
The top gainers among the BSE Sensex today are NTPC (up 2.7%) and HDFC Bank (up 2.6%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.
In the meantime, NSE Nifty is at 24,572.3 (up 0.2%). BPCL and NTPC are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 66,795.1 to 80,746.0, registering a gain of 13,950.9 points (up 20.9%).
SMS PHARMA net profit grew 99.0% YoY to Rs 161 million for the quarter ended March 2024, compared to a profit of Rs 81 million a year ago. Net sales rose 64.5% to Rs 2,458 million during the period as against Rs 1,494 million in January-March 2023.
For the year ended March 2023, SMS PHARMA reported 94.3% decrease in net profit to Rs 39 million compared to net profit of Rs 679 million during FY22. Revenue of the company grew 1.2% to Rs 4,914 million during FY23.
The current Price to earnings ratio of SMS PHARMA, based on rolling 12 month earnings, stands at 43.1.
Equitymaster requests your view! Post a comment on "SMS PHARMA Gains 6%; BSE HEALTHCARE Index Up 1.2%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!