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
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 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.
Equitymaster requests your view! Post a comment on "SOLARA ACTIVE PHARMA SCIENCES Gains 5%; BSE HEALTHCARE Index Down 0.0%". 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!