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AMI ORGANICS Gains 4%; BSE HEALTHCARE Index Up 0.0%
Wed, 28 Aug 9:49

AMI ORGANICS Gains 4%; BSE HEALTHCARE Index Up 0.0%Image source: DNY59/www.istockphoto.com

AMI ORGANICS share price has zoomed 4% and is presently trading at Rs 1,333.3.

Meanwhile, the BSE HEALTHCARE index is at 42,357.5 .

Among the top gainers in the BSE HEALTHCARE index today are Cadila Healthcare (up 1.9%) and GRANULES INDIA (up 1.7%).

CAPLIN POINT (down 1.8%) and KIMS (down 1.6%) are among the top losers today.

Over the last one year, AMI ORGANICS has moved down from Rs 1,334.3 to Rs 1,333.3, registering a loss of Rs 1.0 (down 0.1%).

On the other hand, the BSE HEALTHCARE index has moved up from 27,859.6 to 42,357.5, registering a gain of 52.0% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were GRANULES INDIA (up 129.2%), Glenmark Pharma (up 122.1%) and SUVEN PHARMACEUTICALS (up 105.4%).

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What About the Benchmark Indices?

The BSE Sensex is at 81,670.8 (down 0.1%).

The top losers among the BSE Sensex today are Bajaj Finserv (down 1.0%) and Tata Steel (down 0.9%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,992.0 (down 0.1%). Hero Motocorp and TATA STEEL 2% CCPS are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,996.6 to 81,670.8, registering a gain of 16,674.2 points (up 25.7%).

AMI ORGANICS Financial Update...

AMI ORGANICS net profit fell 33.9% YoY to Rs 147 million for the quarter ended June 2024, compared to a profit of Rs 222 million a year ago. Net sales rose 14.9% to Rs 1,767 million during the period as against Rs 1,537 million in April-June 2023.

For the year ended March 2023, AMI ORGANICS reported 15.8% increase in net profit to Rs 833 million compared to net profit of Rs 719 million during FY22. Revenue of the company grew 18.6% to Rs 6,167 million during FY23.

The current Price to earnings ratio of AMI ORGANICS, based on rolling 12 month earnings, stands at 132.6.


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