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SOLARA ACTIVE PHARMA SCIENCES Gains 5%; BSE HEALTHCARE Index Down 0.0%
Wed, 16 Oct 9:55

SOLARA ACTIVE PHARMA SCIENCES Gains 5%; BSE HEALTHCARE Index Down 0.0%Image source: DNY59/www.istockphoto.com

SOLARA ACTIVE PHARMA SCIENCES share price has zoomed 5% and is presently trading at Rs 784.9.

Meanwhile, the BSE HEALTHCARE index is at 44,738.5 .

Among the top gainers in the BSE HEALTHCARE index today are ALEMBIC PHARMA (up 4.3%) and HIKAL CHEMIC (up 2.8%).

IPCA Labs (down 2.4%) and POLY MEDICURE (down 2.1%) are among the top losers today.

Over the last one year, SOLARA ACTIVE PHARMA SCIENCES has moved up from Rs 316.1 to Rs 784.9, registering a gain of Rs 468.8 (up 148.3%).

On the other hand, the BSE HEALTHCARE index has moved up from 28,166.2 to 44,738.5, registering a gain of 58.8% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were Jubilant Pharmova (up 198.3%), Glenmark Pharma (up 122.2%) and SUVEN PHARMACEUTICALS (up 106.9%).

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

What About the Benchmark Indices?

The BSE Sensex is at 81,877.6 (up 0.1%).

The top gainers among the BSE Sensex today are HDFC Bank (up 0.9%) and Bajaj Finserv (up 0.8%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 25,079.7 (up 0.1%). HDFC LIFE INSURANCE and Hindalco are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,166.9 to 81,877.6, registering a gain of 15,710.7 points (up 23.7%).

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 -6.7.


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