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VALIANT LABORATORIES LTD. Gains 8%; BSE HEALTHCARE Index Up 0.5%
Tue, 27 Aug 11:34

VALIANT LABORATORIES LTD. Gains 8%; BSE HEALTHCARE Index Up 0.5%Image source: StarLineArts/www.istockphoto.com

VALIANT LABORATORIES LTD. share price has zoomed 8% and is presently trading at Rs 116.4.

Meanwhile, the BSE HEALTHCARE index is at 42,394.1 (up 0.5%).

Among the top gainers in the BSE HEALTHCARE index today are Jubilant Pharmova (up 3.6%) and HIKAL CHEMIC (up 2.1%).

AARTI DRUGS (down 1.2%) and ALEMBIC PHARMA (down 1.0%) are among the top losers today.

Over the last one year, VALIANT LABORATORIES LTD. has moved up from Rs 0.0 to Rs 116.4, registering a gain of Rs 116.4 .

On the other hand, the BSE HEALTHCARE index has moved up from 28,099.5 to 42,394.1, registering a gain of 50.9% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were GRANULES INDIA (up 130.9%), Glenmark Pharma (up 125.6%) and SUVEN PHARMACEUTICALS (up 105.8%).

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What About the Benchmark Indices?

The BSE Sensex is at 81,880.1 (up 0.2%).

The top gainers among the BSE Sensex today are L&T (up 2.3%) and Maruti Suzuki (up 1.6%). The most traded stocks in the BSE Sensex are Tata Steel and ITC.

In the meantime, NSE Nifty is at 25,068.9 (up 0.2%). L&T and Maruti Suzuki are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,433.3 to 81,880.1, registering a gain of 16,446.8 points (up 25.1%).

VALIANT LABORATORIES LTD. Financial Update...

VALIANT LABORATORIES LTD. net profit fell {profitpercent} YoY to Rs -5 million for the quarter ended June 2024, compared to a profit of Rs {profitnumberprev} million a year ago. Net sales declined {salespercent} to Rs 189 million during the period as against Rs {salesnumberprev} million in {quarterprev}.

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 -113.5.


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