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SOLARA ACTIVE PHARMA SCIENCES Gains 4%; BSE HEALTHCARE Index Down 0.2%
Thu, 17 Oct 9:54

SOLARA ACTIVE PHARMA SCIENCES Gains 4%; BSE HEALTHCARE Index Down 0.2%Image source: hudiemm/www.istockphoto.com

SOLARA ACTIVE PHARMA SCIENCES share price has zoomed 4% and is presently trading at Rs 811.0.

Meanwhile, the BSE HEALTHCARE index is at 44,560.2 (down 0.2%).

Among the top gainers in the BSE HEALTHCARE index today are Pfizer (up 2.2%) and GSK Pharma (up 2.1%).

Torrent Pharma (down 1.7%) and Jubilant Pharmova (down 1.3%) are among the top losers today.

Over the last one year, SOLARA ACTIVE PHARMA SCIENCES has moved up from Rs 316.1 to Rs 811.0, registering a gain of Rs 494.9 (up 156.6%).

On the other hand, the BSE HEALTHCARE index has moved up from 28,166.2 to 44,560.2, registering a gain of 58.2% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were Jubilant Pharmova (up 198.8%), Glenmark Pharma (up 122.4%) and SUVEN PHARMACEUTICALS (up 114.6%).

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

What About the Benchmark Indices?

The BSE Sensex is at 81,199.3 (down 0.4%).

The top losers among the BSE Sensex today are M&M (down 2.6%) and Maruti Suzuki (down 1.9%). The most traded stocks in the BSE Sensex are Tata Steel and SBI.

In the meantime, NSE Nifty is at 24,821.7 (down 0.6%). Bajaj Auto and Hero Motocorp are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,166.9 to 81,199.3, registering a gain of 15,032.4 points (up 22.7%).

SOLARA ACTIVE PHARMA SCIENCES Financial Update...

SOLARA ACTIVE PHARMA SCIENCES net profit grew 29.6% YoY to Rs -135 million for the quarter ended June 2024, compared to a loss of Rs 191 million a year ago. Net sales rose 3.2% to Rs 3,635 million during the period as against Rs 3,523 million in April-June 2023.

For the year ended March 2024, SOLARA ACTIVE PHARMA SCIENCES reported 2448.1% decrease in net profit to Rs -5,670 million compared to net loss of Rs 223 million during FY23. Revenue of the company fell 10.7% to Rs 12,889 million during FY24.

The current Price to earnings ratio of SOLARA ACTIVE PHARMA SCIENCES, based on rolling 12 month earnings, stands at -6.9.


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