Helping You Build Wealth With Honest Research
Since 1996. Read On...

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

KIMS Plunges 10%; BSE HEALTHCARE Index Down 1.0%
Thu, 3 Oct 9:19

KIMS Plunges 10%; BSE HEALTHCARE Index Down 1.0%Image source: peterschreiber.media/www.istockphoto.com

KIMS share price has plunged 10% and is presently trading at Rs 503.1.

Meanwhile, the BSE HEALTHCARE index is at 43,814.5 (down 1.0%).

Among the top losers in the BSE HEALTHCARE index today are Jubilant Pharmova (down 4.1%) and CAPLIN POINT (down 3.3%).

DR. LAL PATHLABS (up 0.7%) and Cadila Healthcare are among the top gainers today.

Over the last one year, KIMS has moved up from Rs 386.2 to Rs 503.1, registering a gain of Rs 117.0 (up 30.3%).

On the other hand, the BSE HEALTHCARE index has moved up from 28,428.9 to 43,814.5, registering a gain of 54.1% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were Jubilant Pharmova (up 157.1%), SUVEN PHARMACEUTICALS (up 105.3%) and Glenmark Pharma (up 96.0%).

Must See: These Segments are Witnessing Incredible Growth with Modi's Push

What About the Benchmark Indices?

The BSE Sensex is at 83,002.1 (down 1.5%).

The top losers among the BSE Sensex today are Asian Paints (down 3.0%) and Tata Motors (down 2.9%). The most traded stocks in the BSE Sensex are HDFC Bank and Tata Steel.

In the meantime, NSE Nifty is at 25,452.9 (down 1.3%). BPCL and Bajaj Auto are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,512.1 to 83,002.1, registering a gain of 17,490.0 points (up 26.7%).

KIMS Financial Update...

KIMS net profit grew 9.8% YoY to Rs 952 million for the quarter ended June 2024, compared to a profit of Rs 867 million a year ago. Net sales rose 13.6% to Rs 6,884 million during the period as against Rs 6,060 million in April-June 2023.

For the year ended March 2024, KIMS reported 8.1% decrease in net profit to Rs 3,360 million compared to net profit of Rs 3,658 million during FY23. Revenue of the company grew 13.7% to Rs 24,981 million during FY24.

The current Price to earnings ratio of KIMS, based on rolling 12 month earnings, stands at 58.4.


Equitymaster requests your view! Post a comment on "KIMS Plunges 10%; BSE HEALTHCARE Index Down 1.0%". Click here!