FDC share price has zoomed 7% and is presently trading at Rs 598.6.
Meanwhile, the BSE HEALTHCARE index is at 43,783.7 (up 1.0%).
Among the top gainers in the BSE HEALTHCARE index today are LAURUS LABS (up 4.1%) and AJANTA PHARMA (up 3.6%).
NARAYANA HRUDAYALAYA (down 1.8%) and ERIS LIFESCIENCES (down 1.6%) are among the top losers today.
Over the last one year, FDC has moved up from Rs 385.6 to Rs 598.6, registering a gain of Rs 213.0 (up 55.2%).
On the other hand, the BSE HEALTHCARE index has moved up from 28,357.7 to 43,783.7, 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 SUVEN PHARMACEUTICALS (up 135.8%), Jubilant Pharmova (up 126.1%) and GRANULES INDIA (up 119.6%).
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The BSE Sensex is at 81,830.4 (up 0.3%).
The top gainers among the BSE Sensex today are Infosys (up 1.5%) and Bharti Airtel (up 1.5%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.
In the meantime, NSE Nifty is at 25,024.6 (up 0.4%). Divis Laboratories and LTIMINDTREE are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 65,880.5 to 81,830.4, registering a gain of 15,949.9 points (up 24.2%).
FDC net profit grew 8.4% YoY to Rs 1,190 million for the quarter ended June 2024, compared to a profit of Rs 1,098 million a year ago. Net sales rose 19.0% to Rs 6,383 million during the period as against Rs 5,364 million in April-June 2023.
For the year ended March 2024, FDC reported 57.4% increase in net profit to Rs 3,051 million compared to net profit of Rs 1,938 million during FY23. Revenue of the company grew 8.9% to Rs 19,429 million during FY24.
The current Price to earnings ratio of FDC, based on rolling 12 month earnings, stands at 31.0.
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