TARSONS PRODUCTS share price has plunged 6% and is presently trading at Rs 456.0.
Meanwhile, the BSE HEALTHCARE index is at 41,000.5 (down 0.1%).
Among the top losers in the BSE HEALTHCARE index today are Divis Laboratories (down 2.2%) and ASTRAZENECA PHARMA (down 1.7%).
AJANTA PHARMA (up 6.4%) and ALEMBIC PHARMA (up 1.7%) are among the top gainers today.
Over the last one year, TARSONS PRODUCTS has moved down from Rs 561.1 to Rs 456.0, registering a loss of Rs 105.1 (down 18.7%).
On the other hand, the BSE HEALTHCARE index has moved up from 27,819.2 to 41,000.5, registering a gain of 47.4% during the last 12 months.
The top gainers among the BSE HEALTHCARE index stocks during this same period were GRANULES INDIA (up 129.7%), GSK Pharma (up 99.8%) and SUVEN PHARMACEUTICALS (up 98.5%).
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The BSE Sensex is at 78,980.1 .
The top gainers among the BSE Sensex today are Tech Mahindra (up 1.0%) and M&M (up 0.9%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.
In the meantime, NSE Nifty is at 24,146.7 . Hindalco and HCl Tech. are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 65,401.9 to 78,980.1, registering a gain of 13,578.2 points (up 20.8%).
TARSONS PRODUCTS net profit fell 54.8% YoY to Rs 103 million for the quarter ended March 2024, compared to a profit of Rs 228 million a year ago. Net sales rose 28.8% to Rs 1,057 million during the period as against Rs 821 million in January-March 2023.
For the year ended March 2023, TARSONS PRODUCTS reported 19.8% decrease in net profit to Rs 807 million compared to net profit of Rs 1,007 million during FY22. Revenue of the company fell 5.8% to Rs 2,832 million during FY23.
The current Price to earnings ratio of TARSONS PRODUCTS, based on rolling 12 month earnings, stands at 56.9.
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