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VENUS REMEDIES Gains 6%; BSE HEALTHCARE Index Up 0.5%
Thu, 13 Jun 12:1

VENUS REMEDIES share price has zoomed 6% and is presently trading at Rs 374.1.

Meanwhile, the BSE HEALTHCARE index is at 36,951.4 (up 0.5%).

Among the top gainers in the BSE HEALTHCARE index today are Divis Laboratories (up 3.6%) and DR. LAL PATHLABS (up 2.9%).

Sanofi India (down 35.1%) and CAPLIN POINT (down 4.3%) are among the top losers today.

Over the last one year, VENUS REMEDIES has moved up from Rs 232.7 to Rs 374.1, registering a gain of Rs 141.4 (up 60.8%).

On the other hand, the BSE HEALTHCARE index has moved up from 24,190.1 to 36,951.4, registering a gain of 52.8% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were Cadila Healthcare (up 113.8%), Jubilant Pharmova (up 105.9%) and Lupin (up 96.2%).

Must See: These Segments are Witnessing Incredible Growth with Modi's Push

What About the Benchmark Indices?

The BSE Sensex is at 76,899.8 (up 0.4%).

The top gainers among the BSE Sensex today are L&T (up 1.7%) and Titan (up 1.4%). The most traded stocks in the BSE Sensex are Tata Steel and SBI.

In the meantime, NSE Nifty is at 23,396.7 (up 0.3%). HDFC LIFE INSURANCE and Divis Laboratories are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 62,724.7 to 76,899.8, registering a gain of 14,175.1 points (up 22.6%).

VENUS REMEDIES Financial Update...

VENUS REMEDIES net profit fell 5.0% YoY to Rs 105 million for the quarter ended March 2024, compared to a profit of Rs 111 million a year ago. Net sales rose 25.4% to Rs 1,952 million during the period as against Rs 1,556 million in January-March 2023.

For the year ended March 2023, VENUS REMEDIES reported 34.8% decrease in net profit to Rs 266 million compared to net profit of Rs 407 million during FY22. Revenue of the company fell 7.4% to Rs 5,555 million during FY23.

The current Price to earnings ratio of VENUS REMEDIES, based on rolling 12 month earnings, stands at 17.6.

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