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ADVANCED ENZYME TECHNOLOGIES Gains 6%; BSE HEALTHCARE Index Up 0.9%
Thu, 12 Sep 14:17

ADVANCED ENZYME TECHNOLOGIES Gains 6%; BSE HEALTHCARE Index Up 0.9%Image source: Nikada/www.istockphoto.com

ADVANCED ENZYME TECHNOLOGIES share price has zoomed 6% and is presently trading at Rs 538.0.

Meanwhile, the BSE HEALTHCARE index is at 44,199.6 (up 0.9%).

Among the top gainers in the BSE HEALTHCARE index today are FDC (up 8.1%) and MAX HEALTHCARE INSTITUTE (up 4.5%).

GRANULES INDIA (down 15.9%) and ALEMBIC PHARMA (down 1.8%) are among the top losers today.

Over the last one year, ADVANCED ENZYME TECHNOLOGIES has moved up from Rs 324.7 to Rs 538.0, registering a gain of Rs 213.4 (up 65.7%).

On the other hand, the BSE HEALTHCARE index has moved up from 28,436.8 to 44,199.6, registering a gain of 55.4% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were Jubilant Pharmova (up 132.7%), SUVEN PHARMACEUTICALS (up 127.5%) and Glenmark Pharma (up 114.1%).

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What About the Benchmark Indices?

The BSE Sensex is at 82,372.7 (up 1.0%).

The top gainers among the BSE Sensex today are Bharti Airtel (up 2.9%) and NTPC (up 2.8%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 25,204.7 (up 1.2%). Shriram Transport and Hindalco are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 67,127.1 to 82,372.7, registering a gain of 15,245.6 points (up 22.7%).

ADVANCED ENZYME TECHNOLOGIES Financial Update...

ADVANCED ENZYME TECHNOLOGIES net profit grew 19.1% YoY to Rs 350 million for the quarter ended June 2024, compared to a profit of Rs 294 million a year ago. Net sales rose 4.9% to Rs 1,545 million during the period as against Rs 1,473 million in April-June 2023.

For the year ended March 2024, ADVANCED ENZYME TECHNOLOGIES reported 31.9% increase in net profit to Rs 1,370 million compared to net profit of Rs 1,039 million during FY23. Revenue of the company grew 15.4% to Rs 6,239 million during FY24.

The current Price to earnings ratio of ADVANCED ENZYME TECHNOLOGIES, based on rolling 12 month earnings, stands at 42.2.


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