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AARTI DRUGS Gains 5%; BSE HEALTHCARE Index Up 0.6%
Mon, 19 Aug 12:23

AARTI DRUGS Gains 5%; BSE HEALTHCARE Index Up 0.6%Image source: StarLineArts/www.istockphoto.com

AARTI DRUGS share price has zoomed 5% and is presently trading at Rs 523.5.

Meanwhile, the BSE HEALTHCARE index is at 41,421.4 (up 0.6%).

Among the top gainers in the BSE HEALTHCARE index today are CAPLIN POINT (up 12.8%) and POLY MEDICURE (up 6.0%).

SUVEN PHARMACEUTICALS (down 2.6%) and FORTIS HEALTHCARE (down 2.1%) are among the top losers today.

Over the last one year, AARTI DRUGS has moved down from Rs 562.0 to Rs 523.5, registering a loss of Rs 38.5 (down 6.9%).

On the other hand, the BSE HEALTHCARE index has moved up from 27,819.2 to 41,421.4, registering a gain of 48.9% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were GRANULES INDIA (up 127.6%), Jubilant Pharmova (up 109.2%) and GSK Pharma (up 107.3%).

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What About the Benchmark Indices?

The BSE Sensex is at 80,468.3 .

The top gainers among the BSE Sensex today are Tata Steel (up 1.5%) and NTPC (up 1.1%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.

In the meantime, NSE Nifty is at 24,575.3 (up 0.1%). Hindalco and BPCL are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,401.9 to 80,468.3, registering a gain of 15,066.4 points (up 23.0%).

AARTI DRUGS Financial Update...

AARTI DRUGS net profit fell 30.6% YoY to Rs 333 million for the quarter ended June 2024, compared to a profit of Rs 480 million a year ago. Net sales declined 16.0% to Rs 5,553 million during the period as against Rs 6,611 million in April-June 2023.

For the year ended March 2023, AARTI DRUGS reported 18.8% decrease in net profit to Rs 1,664 million compared to net profit of Rs 2,050 million during FY22. Revenue of the company grew 9.1% to Rs 27,161 million during FY23.

The current Price to earnings ratio of AARTI DRUGS, based on rolling 12 month earnings, stands at 30.7.


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