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GSK Pharma Plunges 4%; BSE HEALTHCARE Index Up 0.1%
Thu, 22 Aug 15:5

GSK Pharma Plunges 4%; BSE HEALTHCARE Index Up 0.1%Image source: bluebay2014/www.istockphoto.com

GSK Pharma share price has plunged 4% and is presently trading at Rs 2,928.1.

Meanwhile, the BSE HEALTHCARE index is at 42,031.7 (up 0.1%).

Among the top losers in the BSE HEALTHCARE index today are Procter & Gamble Health (down 2.7%) and GRANULES INDIA (down 1.7%).

AARTI DRUGS (up 6.8%) and Natco Pharma (up 4.7%) are among the top gainers today.

Over the last one year, GSK Pharma has moved up from Rs 1,402.5 to Rs 2,928.1, registering a gain of Rs 1,525.7 (up 108.8%).

On the other hand, the BSE HEALTHCARE index has moved up from 28,021.8 to 42,031.7, registering a gain of 50.0% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were GRANULES INDIA (up 129.1%), Glenmark Pharma (up 115.8%) and GSK Pharma (up 108.8%).

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What About the Benchmark Indices?

The BSE Sensex is at 81,041.1 (up 0.2%).

The top gainers among the BSE Sensex today are Bharti Airtel (up 1.6%) 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 24,810.1 (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 81,041.1, registering a gain of 15,825.1 points (up 24.3%).

GSK Pharma Financial Update...

GSK Pharma net profit grew 37.9% YoY to Rs 1,823 million for the quarter ended June 2024, compared to a profit of Rs 1,323 million a year ago. Net sales rose 7.0% to Rs 8,147 million during the period as against Rs 7,617 million in April-June 2023.

For the year ended March 2024, GSK Pharma reported 2.9% decrease in net profit to Rs 5,900 million compared to net profit of Rs 6,076 million during FY23. Revenue of the company grew 6.2% to Rs 34,537 million during FY24.

The current Price to earnings ratio of GSK Pharma, based on rolling 12 month earnings, stands at 77.5.


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