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VALIANT LABORATORIES LTD. Gains 7%; BSE HEALTHCARE Index Down 0.3%
Wed, 27 Nov 15:20

VALIANT LABORATORIES LTD. Gains 7%; BSE HEALTHCARE Index Down 0.3%Image source: Nikada/www.istockphoto.com

VALIANT LABORATORIES LTD. share price has zoomed 7% and is presently trading at Rs 118.9.

Meanwhile, the BSE HEALTHCARE index is at 42,992.9 (down 0.3%).

Among the top gainers in the BSE HEALTHCARE index today are ASTER DM HEALTHCARE (up 9.0%) and MAX HEALTHCARE INSTITUTE (up 1.9%).

POLY MEDICURE (down 3.1%) and FORTIS HEALTHCARE (down 3.1%) are among the top losers today.

Over the last one year, VALIANT LABORATORIES LTD. has moved down from Rs 185.1 to Rs 118.9, registering a loss of Rs 66.3 (down 35.8%).

On the other hand, the BSE HEALTHCARE index has moved up from 29,654.9 to 42,992.9, registering a gain of 45.0% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were Jubilant Pharmova (up 163.0%), Glenmark Pharma (up 97.7%) and SUVEN PHARMACEUTICALS (up 94.7%).

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

What About the Benchmark Indices?

The BSE Sensex is at 80,236.3 (up 0.3%).

The top gainers among the BSE Sensex today are MUNDRA PORT & SEZ (up 6.6%) and NTPC (up 2.1%). The most traded stocks in the BSE Sensex are MUNDRA PORT & SEZ and NTPC.

In the meantime, NSE Nifty is at 24,274.1 (up 0.3%). Adani Enterprises and MUNDRA PORT & SEZ are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,174.2 to 80,236.3, registering a gain of 14,062.1 points (up 21.3%).

VALIANT LABORATORIES LTD. Financial Update...

VALIANT LABORATORIES LTD. net profit fell 697.2% YoY to Rs -47 million for the quarter ended September 2024, compared to a profit of Rs 8 million a year ago. Net sales declined 63.9% to Rs 215 million during the period as against Rs 595 million in July-September 2023.

For the year ended March 2024, VALIANT LABORATORIES LTD. reported 98.9% decrease in net profit to Rs 3 million compared to net profit of Rs 290 million during FY23. Revenue of the company fell 45.5% to Rs 1,821 million during FY24.

The current Price to earnings ratio of VALIANT LABORATORIES LTD., based on rolling 12 month earnings, stands at -51.7.


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