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SOLARA ACTIVE PHARMA SCIENCES Gains 5%; BSE HEALTHCARE Index Up 0.3%
Thu, 1 Aug 15:45

SOLARA ACTIVE PHARMA SCIENCES Gains 5%; BSE HEALTHCARE Index Up 0.3%Image source: DNY59/www.istockphoto.com

SOLARA ACTIVE PHARMA SCIENCES share price has zoomed 5% and is presently trading at Rs 655.8.

Meanwhile, the BSE HEALTHCARE index is at 40,635.2 (up 0.3%).

Among the top gainers in the BSE HEALTHCARE index today are Jubilant Pharmova (up 11.6%) and ASTER DM HEALTHCARE (up 6.3%).

HIKAL CHEMIC (down 6.5%) and LAURUS LABS (down 2.6%) are among the top losers today.

Over the last one year, SOLARA ACTIVE PHARMA SCIENCES has moved up from Rs 365.9 to Rs 655.8, registering a gain of Rs 289.9 (up 79.2%).

On the other hand, the BSE HEALTHCARE index has moved up from 27,736.5 to 40,635.2, registering a gain of 46.5% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were Jubilant Pharmova (up 128.9%), SUVEN PHARMACEUTICALS (up 102.2%) and Lupin (up 98.2%).

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What About the Benchmark Indices?

The BSE Sensex is at 81,867.6 (up 0.2%).

The top gainers among the BSE Sensex today are Power Grid Corp. (up 3.8%) and HDFC Bank (up 1.9%). The most traded stocks in the BSE Sensex are Tata Steel and Power Grid Corp..

In the meantime, NSE Nifty is at 25,006.0 (up 0.2%). Power Grid Corp. and Coal India are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,527.7 to 81,867.6, registering a gain of 15,339.9 points (up 23.1%).

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 2023, SOLARA ACTIVE PHARMA SCIENCES reported 61.8% increase in net profit to Rs -223 million compared to net loss of Rs 583 million during FY22. Revenue of the company grew 13.8% to Rs 14,438 million during FY23.

The current Price to earnings ratio of SOLARA ACTIVE PHARMA SCIENCES, based on rolling 12 month earnings, stands at -5.6.


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