AJANTA PHARMA share price has zoomed 6% and is presently trading at Rs 2,949.8.
Meanwhile, the BSE HEALTHCARE index is at 40,469.9 (up 1.1%).
Among the top gainers in the BSE HEALTHCARE index today are Lupin (up 3.9%) and Natco Pharma (up 3.8%).
GLAND PHARMA (down 3.7%) and Jubilant Pharmova (down 0.9%) are among the top losers today.
Over the last one year, AJANTA PHARMA has moved up from Rs 1,745.8 to Rs 2,949.8, registering a gain of Rs 1,204.0 (up 69.0%).
On the other hand, the BSE HEALTHCARE index has moved up from 28,300.0 to 40,469.9, registering a gain of 43.0% during the last 12 months.
The top gainers among the BSE HEALTHCARE index stocks during this same period were Jubilant Pharmova (up 114.3%), GRANULES INDIA (up 105.9%) and GSK Pharma (up 103.9%).
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The BSE Sensex is at 79,175.2 (up 0.7%).
The top gainers among the BSE Sensex today are MUNDRA PORT & SEZ (up 2.3%) and Maruti Suzuki (up 2.0%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.
In the meantime, NSE Nifty is at 24,198.8 (up 0.9%). ONGC and Coal India are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 65,953.5 to 79,175.2, registering a gain of 13,221.7 points (up 20.0%).
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 43.2.
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