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BAJAJ HEALTHCARE Gains 6%; BSE HEALTHCARE Index Down 0.6%
Wed, 14 Aug 14:21

BAJAJ HEALTHCARE Gains 6%; BSE HEALTHCARE Index Down 0.6%Image source: DNY59/www.istockphoto.com

BAJAJ HEALTHCARE share price has zoomed 6% and is presently trading at Rs 416.0.

Meanwhile, the BSE HEALTHCARE index is at 40,801.6 (down 0.6%).

Among the top gainers in the BSE HEALTHCARE index today are J.B.Chemicals (up 1.5%) and APOLLO HOSPITALS (up 1.5%).

Divis Laboratories (down 4.0%) and IPCA Labs (down 3.7%) are among the top losers today.

Over the last one year, BAJAJ HEALTHCARE has moved up from Rs 329.6 to Rs 416.0, registering a gain of Rs 86.5 (up 26.2%).

On the other hand, the BSE HEALTHCARE index has moved up from 27,819.2 to 40,801.6, registering a gain of 46.7% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were GRANULES INDIA (up 129.4%), GSK Pharma (up 99.8%) and Jubilant Pharmova (up 98.1%).

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What About the Benchmark Indices?

The BSE Sensex is at 79,159.7 (up 0.3%).

The top gainers among the BSE Sensex today are TCS (up 2.0%) and HCl Tech. (up 1.9%). The most traded stocks in the BSE Sensex are Tata Steel and Infosys.

In the meantime, NSE Nifty is at 24,172.5 (up 0.1%). TCS 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 79,159.7, registering a gain of 13,757.8 points (up 21.0%).

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 -80.1.


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