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INNOVA CAPTAB LTD. Gains 5%; BSE HEALTHCARE Index Down 0.6%
Mon, 2 Sep 13:6

INNOVA CAPTAB LTD. Gains 5%; BSE HEALTHCARE Index Down 0.6%Image source: peterschreiber.media/www.istockphoto.com

INNOVA CAPTAB LTD. share price has zoomed 5% and is presently trading at Rs 694.4.

Meanwhile, the BSE HEALTHCARE index is at 42,936.9 (down 0.6%).

Among the top gainers in the BSE HEALTHCARE index today are Pfizer (up 4.5%) and FORTIS HEALTHCARE (up 1.9%).

GRANULES INDIA (down 4.1%) and Dr. Reddys (down 2.6%) are among the top losers today.

Over the last one year, INNOVA CAPTAB LTD. has moved up from Rs 0.0 to Rs 694.4, registering a gain of Rs 694.4 .

On the other hand, the BSE HEALTHCARE index has moved up from 27,815.8 to 42,936.9, registering a gain of 54.4% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were GRANULES INDIA (up 128.1%), Glenmark Pharma (up 124.1%) and SUVEN PHARMACEUTICALS (up 112.5%).

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What About the Benchmark Indices?

The BSE Sensex is at 82,462.7 (up 0.1%).

The top gainers among the BSE Sensex today are Bajaj Finserv (up 3.3%) and HCl Tech. (up 3.1%). The most traded stocks in the BSE Sensex are Tata Steel and ITC.

In the meantime, NSE Nifty is at 25,256.5 (up 0.1%). Bajaj Finserv and HCl Tech. are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,075.8 to 82,462.7, registering a gain of 17,386.9 points (up 26.7%).

INNOVA CAPTAB LTD. Financial Update...

INNOVA CAPTAB LTD. net profit fell {profitpercent} YoY to Rs 295 million for the quarter ended June 2024, compared to a profit of Rs {profitnumberprev} million a year ago. Net sales declined {salespercent} to Rs 2,943 million during the period as against Rs {salesnumberprev} million in {quarterprev}.

For the year ended March 2024, INNOVA CAPTAB LTD. reported 38.8% increase in net profit to Rs 943 million compared to net profit of Rs 680 million during FY23. Revenue of the company grew 16.7% to Rs 10,813 million during FY24.

The current Price to earnings ratio of INNOVA CAPTAB LTD., based on rolling 12 month earnings, stands at 37.4.


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