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ZENITH HEALTH Gains 10%; BSE HEALTHCARE Index Up 0.0%
Thu, 4 Jul 9:36

ZENITH HEALTH Gains 10%; BSE HEALTHCARE Index Up 0.0%Image source: Sakorn BernardaSv/www.istockphoto.com

ZENITH HEALTH share price has zoomed 10% and is presently trading at Rs 5.1.

Meanwhile, the BSE HEALTHCARE index is at 37,434.2 .

Among the top gainers in the BSE HEALTHCARE index today are Lupin (up 3.4%) and Sanofi India (up 0.9%).

J.B.Chemicals (down 1.1%) and SUVEN PHARMACEUTICALS (down 1.0%) are among the top losers today.

Over the last one year, ZENITH HEALTH has moved up from Rs 3.9 to Rs 5.1, registering a gain of Rs 1.2 (up 30.4%).

On the other hand, the BSE HEALTHCARE index has moved up from 25,627.6 to 37,434.2, registering a gain of 46.1% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were Glenmark Pharma (up 94.9%), Cadila Healthcare (up 89.5%) and Lupin (up 88.9%).

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

What About the Benchmark Indices?

The BSE Sensex is at 80,247.1 (up 0.3%).

The top gainers among the BSE Sensex today are Tata Motors (up 2.1%) and Infosys (up 1.5%). The most traded stocks in the BSE Sensex are HDFC Bank and Tata Motors.

In the meantime, NSE Nifty is at 24,367.0 (up 0.3%). Tata Motors and Infosys are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,205.1 to 80,247.1, registering a gain of 15,042.1 points (up 23.1%).

ZENITH HEALTH Financial Update...

ZENITH HEALTH net profit fell 30.0% YoY to Rs -3 million for the quarter ended March 2024, compared to a loss of Rs 2 million a year ago. Net sales rose 86.1% to Rs 31 million during the period as against Rs 17 million in January-March 2023.

For the year ended March 2023, ZENITH HEALTH reported 75.0% decrease in net profit to Rs 1 million compared to net profit of Rs 3 million during FY22. Revenue of the company fell 41.3% to Rs 131 million during FY23.

The current Price to earnings ratio of ZENITH HEALTH, based on rolling 12 month earnings, stands at 148.3.


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