Helping You Build Wealth With Honest Research
Since 1996. Read On...

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

AJANTA PHARMA Gains 4%; BSE HEALTHCARE Index Up 0.3%
Thu, 1 Aug 15:47

AJANTA PHARMA Gains 4%; BSE HEALTHCARE Index Up 0.3%Image source: alexsl/www.istockphoto.com

AJANTA PHARMA share price has zoomed 4% and is presently trading at Rs 2,786.2.

Meanwhile, the BSE HEALTHCARE index is at 40,635.2 (up 0.3%).

Among the top gainers in the BSE HEALTHCARE index today are Jubilant Pharmova (up 11.6%) and ASTER DM HEALTHCARE (up 6.3%).

HIKAL CHEMIC (down 6.5%) and LAURUS LABS (down 2.6%) are among the top losers today.

Over the last one year, AJANTA PHARMA has moved up from Rs 1,696.7 to Rs 2,786.2, registering a gain of Rs 1,089.5 (up 64.2%).

On the other hand, the BSE HEALTHCARE index has moved up from 27,736.5 to 40,635.2, registering a gain of 46.5% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were Jubilant Pharmova (up 128.9%), SUVEN PHARMACEUTICALS (up 102.2%) and Lupin (up 98.2%).

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

What About the Benchmark Indices?

The BSE Sensex is at 81,867.6 (up 0.2%).

The top gainers among the BSE Sensex today are Power Grid Corp. (up 3.8%) and HDFC Bank (up 1.9%). The most traded stocks in the BSE Sensex are Tata Steel and Power Grid Corp..

In the meantime, NSE Nifty is at 25,006.0 (up 0.2%). Power Grid Corp. and Coal India are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,527.7 to 81,867.6, registering a gain of 15,339.9 points (up 23.1%).

AJANTA PHARMA Financial Update...

AJANTA PHARMA net profit grew 18.1% YoY to Rs 2,458 million for the quarter ended June 2024, compared to a profit of Rs 2,081 million a year ago. Net sales rose 12.1% to Rs 11,449 million during the period as against Rs 10,210 million in April-June 2023.

For the year ended March 2024, AJANTA PHARMA reported 38.8% increase in net profit to Rs 8,162 million compared to net profit of Rs 5,880 million during FY23. Revenue of the company grew 12.5% to Rs 42,087 million during FY24.

The current Price to earnings ratio of AJANTA PHARMA, based on rolling 12 month earnings, stands at 40.8.


Equitymaster requests your view! Post a comment on "AJANTA PHARMA Gains 4%; BSE HEALTHCARE Index Up 0.3%". Click here!