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BAJAJ HEALTHCARE Gains 6%; BSE HEALTHCARE Index Down 0.1%
Mon, 12 Aug 11:10

BAJAJ HEALTHCARE Gains 6%; BSE HEALTHCARE Index Down 0.1%Image source: Eoneren/www.istockphoto.com

BAJAJ HEALTHCARE share price has zoomed 6% and is presently trading at Rs 400.9.

Meanwhile, the BSE HEALTHCARE index is at 41,030.5 (down 0.1%).

Among the top gainers in the BSE HEALTHCARE index today are SUVEN PHARMACEUTICALS (up 5.0%) and CAPLIN POINT (up 3.5%).

Cadila Healthcare (down 3.0%) and APOLLO HOSPITALS (down 2.1%) are among the top losers today.

Over the last one year, BAJAJ HEALTHCARE has moved up from Rs 361.7 to Rs 400.9, registering a gain of Rs 39.3 (up 10.9%).

On the other hand, the BSE HEALTHCARE index has moved up from 28,343.8 to 41,030.5, registering a gain of 44.8% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were Jubilant Pharmova (up 119.8%), SUVEN PHARMACEUTICALS (up 108.8%) and GSK Pharma (up 107.8%).

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What About the Benchmark Indices?

The BSE Sensex is at 79,814.6 (up 0.1%).

The top gainers among the BSE Sensex today are JSW Steel (up 1.9%) and HDFC Bank (up 1.3%). The most traded stocks in the BSE Sensex are Tata Steel and SBI.

In the meantime, NSE Nifty is at 24,381.5 (up 0.1%). JSW Steel and Axis Bank are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,846.5 to 79,814.6, registering a gain of 13,968.1 points (up 21.2%).

BAJAJ HEALTHCARE Financial Update...

BAJAJ HEALTHCARE net profit fell 386.9% YoY to Rs -320 million for the quarter ended March 2024, compared to a profit of Rs 112 million a year ago. Net sales declined 13.1% to Rs 1,339 million during the period as against Rs 1,541 million in January-March 2023.

For the year ended March 2023, BAJAJ HEALTHCARE reported 39.7% decrease in net profit to Rs 430 million compared to net profit of Rs 714 million during FY22. Revenue of the company fell 1.0% to Rs 6,733 million during FY23.

The current Price to earnings ratio of BAJAJ HEALTHCARE, based on rolling 12 month earnings, stands at -77.2.


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