Helping You Build Wealth With Honest Research
Since 1996. Read On...

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

Cadila Healthcare Plunges 4%; BSE HEALTHCARE Index Down 0.0%
Mon, 12 Aug 14:31

Cadila Healthcare Plunges 4%; BSE HEALTHCARE Index Down 0.0%Image source: CreativaImages/www.istockphoto.com

Cadila Healthcare share price has plunged 4% and is presently trading at Rs 1,247.1.

Meanwhile, the BSE HEALTHCARE index is at 41,070.8 .

Among the top losers in the BSE HEALTHCARE index today are ASTER DM HEALTHCARE (down 3.4%) and NARAYANA HRUDAYALAYA (down 1.9%).

SUVEN PHARMACEUTICALS (up 4.9%) and CAPLIN POINT (up 3.6%) are among the top gainers today.

Over the last one year, Cadila Healthcare has moved up from Rs 655.3 to Rs 1,247.1, registering a gain of Rs 591.8 (up 90.3%).

On the other hand, the BSE HEALTHCARE index has moved up from 28,343.8 to 41,070.8, 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%), GRANULES INDIA (up 108.8%) and SUVEN PHARMACEUTICALS (up 108.5%).

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

What About the Benchmark Indices?

The BSE Sensex is at 79,835.2 (up 0.2%).

The top gainers among the BSE Sensex today are Axis Bank (up 2.0%) and JSW Steel (up 1.6%). The most traded stocks in the BSE Sensex are Tata Steel and SBI.

In the meantime, NSE Nifty is at 24,407.9 (up 0.2%). Axis Bank and Hero Motocorp are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,846.5 to 79,835.2, registering a gain of 13,988.7 points (up 21.2%).

Cadila Healthcare Financial Update...

Cadila Healthcare net profit grew 31.5% YoY to Rs 14,636 million for the quarter ended June 2024, compared to a profit of Rs 11,131 million a year ago. Net sales rose 20.8% to Rs 62,075 million during the period as against Rs 51,396 million in April-June 2023.

For the year ended March 2024, Cadila Healthcare reported 91.4% increase in net profit to Rs 38,314 million compared to net profit of Rs 20,019 million during FY23. Revenue of the company grew 13.4% to Rs 195,474 million during FY24.

The current Price to earnings ratio of Cadila Healthcare, based on rolling 12 month earnings, stands at 30.0.


Equitymaster requests your view! Post a comment on "Cadila Healthcare Plunges 4%; BSE HEALTHCARE Index Down 0.0%". Click here!