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ALEMBIC PHARMA Gains 3%; BSE HEALTHCARE Index Up 0.4%
Thu, 8 Aug 9:40

ALEMBIC PHARMA Gains 3%; BSE HEALTHCARE Index Up 0.4%Image source: Nikada/www.istockphoto.com

ALEMBIC PHARMA share price has zoomed 3% and is presently trading at Rs 1,262.3.

Meanwhile, the BSE HEALTHCARE index is at 41,006.6 (up 0.4%).

Among the top gainers in the BSE HEALTHCARE index today are ERIS LIFESCIENCES (up 2.5%) and Abbott India (up 2.4%).

GRANULES INDIA (down 2.1%) and DR. LAL PATHLABS (down 1.9%) are among the top losers today.

Over the last one year, ALEMBIC PHARMA has moved up from Rs 793.6 to Rs 1,262.3, registering a gain of Rs 468.8 (up 59.1%).

On the other hand, the BSE HEALTHCARE index has moved up from 28,300.0 to 41,006.6, registering a gain of 44.9% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were Jubilant Pharmova (up 116.9%), GSK Pharma (up 105.5%) and SUVEN PHARMACEUTICALS (up 104.6%).

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

What About the Benchmark Indices?

The BSE Sensex is at 79,287.6 (down 0.2%).

The top losers among the BSE Sensex today are Infosys (down 1.5%) and JSW Steel (down 1.4%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,235.2 (down 0.3%). Infosys and JSW Steel are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,953.5 to 79,287.6, registering a gain of 13,334.1 points (up 20.2%).

ALEMBIC PHARMA Financial Update...

ALEMBIC PHARMA net profit grew 10.9% YoY to Rs 1,786 million for the quarter ended March 2024, compared to a profit of Rs 1,611 million a year ago. Net sales rose 7.9% to Rs 15,170 million during the period as against Rs 14,065 million in January-March 2023.

For the year ended March 2024, ALEMBIC PHARMA reported 80.1% increase in net profit to Rs 6,158 million compared to net profit of Rs 3,420 million during FY23. Revenue of the company grew 10.2% to Rs 62,286 million during FY24.

The current Price to earnings ratio of ALEMBIC PHARMA, based on rolling 12 month earnings, stands at 40.2.


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