VADIVARHE SPECIALITY CHEMICALS share price has plunged 5% and is presently trading at Rs 50.4.
Meanwhile, the BSE HEALTHCARE index is at 43,917.3 (down 0.8%).
Among the top losers in the BSE HEALTHCARE index today are CAPLIN POINT (down 3.9%) and J.B.Chemicals (down 3.8%).
GRANULES INDIA (up 3.7%) and ALEMBIC PHARMA (up 3.2%) are among the top gainers today.
Over the last one year, VADIVARHE SPECIALITY CHEMICALS has moved up from Rs 41.6 to Rs 50.4, registering a gain of Rs 8.8 (up 21.2%).
On the other hand, the BSE HEALTHCARE index has moved up from 28,428.9 to 43,917.3, registering a gain of 54.5% during the last 12 months.
The top gainers among the BSE HEALTHCARE index stocks during this same period were Jubilant Pharmova (up 163.6%), SUVEN PHARMACEUTICALS (up 108.1%) and Glenmark Pharma (up 95.8%).
Must See: These Segments are Witnessing Incredible Growth with Modi's Push
The BSE Sensex is at 82,980.8 (down 1.5%).
The top losers among the BSE Sensex today are Tata Motors (down 3.9%) and Asian Paints (down 3.7%). The most traded stocks in the BSE Sensex are HDFC Bank and Reliance Ind..
In the meantime, NSE Nifty is at 25,412.0 (down 1.5%). BPCL and Tata Motors are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 65,512.1 to 82,980.8, registering a gain of 17,468.7 points (up 26.7%).
VADIVARHE SPECIALITY CHEMICALS net profit fell 210.8% YoY to Rs -29 million for the quarter ended December 2021, compared to a loss of Rs 9 million a year ago. Net sales rose 30.5% to Rs 57 million during the period as against Rs 44 million in October-December 2020.
For the year ended March 2023, VADIVARHE SPECIALITY CHEMICALS reported 111.9% increase in net profit to Rs 11 million compared to net loss of Rs 96 million during FY22. Revenue of the company grew 103.6% to Rs 437 million during FY23.
The current Price to earnings ratio of VADIVARHE SPECIALITY CHEMICALS, based on rolling 12 month earnings, stands at -10.0.
Equitymaster requests your view! Post a comment on "VADIVARHE SPECIALITY CHEMICALS Plunges 5%; BSE HEALTHCARE Index Down 0.8%". 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!