LYKA LABS share price has zoomed 6% and is presently trading at Rs 151.1.
Meanwhile, the BSE HEALTHCARE index is at 42,610.9 (down 0.3%).
Among the top gainers in the BSE HEALTHCARE index today are AJANTA PHARMA (up 2.3%) and ERIS LIFESCIENCES (up 1.8%).
Natco Pharma (down 2.7%) and CAPLIN POINT (down 2.2%) are among the top losers today.
Over the last one year, LYKA LABS has moved up from Rs 117.3 to Rs 151.1, registering a gain of Rs 33.9 (up 28.9%).
On the other hand, the BSE HEALTHCARE index has moved up from 27,859.6 to 42,610.9, registering a gain of 52.9% during the last 12 months.
The top gainers among the BSE HEALTHCARE index stocks during this same period were GRANULES INDIA (up 134.8%), Glenmark Pharma (up 120.9%) and SUVEN PHARMACEUTICALS (up 106.4%).
Must See: These Segments are Witnessing Incredible Growth with Modi's Push
The BSE Sensex is at 82,201.6 (up 0.5%).
The top gainers among the BSE Sensex today are Bajaj Finance (up 2.8%) and Bajaj Finserv (up 2.5%). The most traded stocks in the BSE Sensex are Tata Steel and HDFC Bank.
In the meantime, NSE Nifty is at 25,140.1 (up 0.4%). Bajaj Finserv and Bajaj Finance are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 64,996.6 to 82,201.6, registering a gain of 17,205.0 points (up 26.5%).
LYKA LABS net profit grew 166.8% YoY to Rs 13 million for the quarter ended June 2024, compared to a loss of Rs 19 million a year ago. Net sales rose 31.6% to Rs 301 million during the period as against Rs 229 million in April-June 2023.
For the year ended March 2024, LYKA LABS reported 80.1% increase in net profit to Rs -26 million compared to net loss of Rs 132 million during FY23. Revenue of the company grew 19.5% to Rs 1,112 million during FY24.
The current Price to earnings ratio of LYKA LABS, based on rolling 12 month earnings, stands at 898.9.
Equitymaster requests your view! Post a comment on "LYKA LABS Gains 6%; BSE HEALTHCARE Index Down 0.3%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!