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AKUMS DRUGS & PHARMACEUTICALS LTD. Plunges 4%; BSE HEALTHCARE Index Up 0.4%
Tue, 27 Aug 14:41

AKUMS DRUGS & PHARMACEUTICALS LTD. Plunges 4%; BSE HEALTHCARE Index Up 0.4%Image source: CreativaImages/www.istockphoto.com

AKUMS DRUGS & PHARMACEUTICALS LTD. share price has plunged 4% and is presently trading at Rs 854.0.

Meanwhile, the BSE HEALTHCARE index is at 42,350.2 (up 0.4%).

Among the top losers in the BSE HEALTHCARE index today are SYNGENE INTERNATIONAL (down 2.9%) and GRANULES INDIA (down 2.2%).

Jubilant Pharmova (up 3.6%) and CAPLIN POINT (up 3.6%) are among the top gainers today.

Over the last one year, AKUMS DRUGS & PHARMACEUTICALS LTD. has moved up from Rs 0.0 to Rs 854.0, registering a gain of Rs 854.0 .

On the other hand, the BSE HEALTHCARE index has moved up from 28,099.5 to 42,350.2, registering a gain of 50.7% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were GRANULES INDIA (up 126.8%), Glenmark Pharma (up 125.4%) and SUVEN PHARMACEUTICALS (up 104.2%).

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What About the Benchmark Indices?

The BSE Sensex is at 81,841.8 (up 0.2%).

The top gainers among the BSE Sensex today are Maruti Suzuki (up 2.1%) and L&T (up 1.9%). The most traded stocks in the BSE Sensex are ICICI Bank and Tata Steel.

In the meantime, NSE Nifty is at 25,040.5 (up 0.1%). Shriram Transport and SBI LIFE INSURANCE are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,433.3 to 81,841.8, registering a gain of 16,408.5 points (up 25.1%).

AKUMS DRUGS & PHARMACEUTICALS LTD. Financial Update...

AKUMS DRUGS & PHARMACEUTICALS LTD. net profit fell {profitpercent} YoY to Rs 612 million for the quarter ended June 2024, compared to a profit of Rs {profitnumberprev} million a year ago. Net sales declined {salespercent} to Rs 10,191 million during the period as against Rs {salesnumberprev} million in {quarterprev}.

For the year ended March 2024, AKUMS DRUGS & PHARMACEUTICALS LTD. reported 99.2% decrease in net profit to Rs 8 million compared to net profit of Rs 978 million during FY23. Revenue of the company grew 14.3% to Rs 41,782 million during FY24.


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