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%).
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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 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.
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