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SUVEN PHARMACEUTICALS Gains 5%; BSE HEALTHCARE Index Down 0.2%
Mon, 12 Aug 10:56

SUVEN PHARMACEUTICALS Gains 5%; BSE HEALTHCARE Index Down 0.2%Image source: Ivcandy/www.istockphoto.com

SUVEN PHARMACEUTICALS share price has zoomed 5% and is presently trading at Rs 1,018.9.

Meanwhile, the BSE HEALTHCARE index is at 41,012.4 (down 0.2%).

Among the top gainers in the BSE HEALTHCARE index today are CAPLIN POINT (up 3.2%) and Sanofi India (up 2.5%).

Cadila Healthcare (down 3.0%) and APOLLO HOSPITALS (down 2.2%) are among the top losers today.

Over the last one year, SUVEN PHARMACEUTICALS has moved up from Rs 489.0 to Rs 1,018.9, registering a gain of Rs 529.9 (up 108.4%).

On the other hand, the BSE HEALTHCARE index has moved up from 28,343.8 to 41,012.4, registering a gain of 44.7% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were Jubilant Pharmova (up 119.5%), SUVEN PHARMACEUTICALS (up 108.4%) and GSK Pharma (up 107.7%).

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What About the Benchmark Indices?

The BSE Sensex is at 79,677.7 .

The top losers among the BSE Sensex today are NTPC (down 1.4%) and MUNDRA PORT & SEZ (down 1.3%). The most traded stocks in the BSE Sensex are Tata Steel and SBI.

In the meantime, NSE Nifty is at 24,362.4 . APOLLO HOSPITALS and Adani Enterprises are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,846.5 to 79,677.7, registering a gain of 13,831.2 points (up 21.0%).

SUVEN PHARMACEUTICALS Financial Update...

SUVEN PHARMACEUTICALS net profit fell 49.6% YoY to Rs 608 million for the quarter ended June 2024, compared to a profit of Rs 1,206 million a year ago. Net sales declined 33.6% to Rs 2,307 million during the period as against Rs 3,476 million in April-June 2023.

For the year ended March 2024, SUVEN PHARMACEUTICALS reported 27.0% decrease in net profit to Rs 3,003 million compared to net profit of Rs 4,113 million during FY23. Revenue of the company fell 21.6% to Rs 10,514 million during FY24.

The current Price to earnings ratio of SUVEN PHARMACEUTICALS, based on rolling 12 month earnings, stands at 107.9.


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