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IOL CHEMICALS & PHARM. Gains 6%; BSE HEALTHCARE Index Up 0.2%
Thu, 22 Aug 14:13

IOL CHEMICALS & PHARM. Gains 6%; BSE HEALTHCARE Index Up 0.2%Image source: phive2015/www.istockphoto.com

IOL CHEMICALS & PHARM. share price has zoomed 6% and is presently trading at Rs 465.0.

Meanwhile, the BSE HEALTHCARE index is at 42,085.2 (up 0.2%).

Among the top gainers in the BSE HEALTHCARE index today are AARTI DRUGS (up 7.6%) and Natco Pharma (up 5.1%).

GSK Pharma (down 4.3%) and Procter & Gamble Health (down 2.6%) are among the top losers today.

Over the last one year, IOL CHEMICALS & PHARM. has moved up from Rs 368.1 to Rs 465.0, registering a gain of Rs 96.9 (up 26.3%).

On the other hand, the BSE HEALTHCARE index has moved up from 28,021.8 to 42,085.2, registering a gain of 50.2% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were GRANULES INDIA (up 130.0%), Glenmark Pharma (up 116.4%) and GSK Pharma (up 108.8%).

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What About the Benchmark Indices?

The BSE Sensex is at 81,070.5 (up 0.2%).

The top gainers among the BSE Sensex today are Bharti Airtel (up 1.7%) and Tata Steel (up 1.3%). The most traded stocks in the BSE Sensex are Tata Steel and Bharti Airtel.

In the meantime, NSE Nifty is at 24,826.3 (up 0.2%). Grasim Industries and Tata Consumer Products are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,216.1 to 81,070.5, registering a gain of 15,854.4 points (up 24.3%).

IOL CHEMICALS & PHARM. Financial Update...

IOL CHEMICALS & PHARM. net profit fell 34.6% YoY to Rs 300 million for the quarter ended June 2024, compared to a profit of Rs 459 million a year ago. Net sales declined 10.8% to Rs 5,024 million during the period as against Rs 5,632 million in April-June 2023.

For the year ended March 2024, IOL CHEMICALS & PHARM. reported 3.4% decrease in net profit to Rs 1,344 million compared to net profit of Rs 1,391 million during FY23. Revenue of the company fell 3.8% to Rs 21,328 million during FY24.

The current Price to earnings ratio of IOL CHEMICALS & PHARM., based on rolling 12 month earnings, stands at 23.0.


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