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NGL FINE CHM Plunges 9%; BSE HEALTHCARE Index Down 1.0%
Thu, 3 Oct 9:19

NGL FINE CHM Plunges 9%; BSE HEALTHCARE Index Down 1.0%Image source: asbe/www.istockphoto.com

NGL FINE CHM share price has plunged 9% and is presently trading at Rs 1,814.1.

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

Among the top losers in the BSE HEALTHCARE index today are KIMS (down 9.6%) and Jubilant Pharmova (down 4.1%).

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

Over the last one year, NGL FINE CHM has moved down from Rs 1,931.9 to Rs 1,814.1, registering a loss of Rs 117.8 (down 6.1%).

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%).

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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%).

NGL FINE CHM Financial Update...

NGL FINE CHM net profit grew 8.4% YoY to Rs 92 million for the quarter ended June 2024, compared to a profit of Rs 85 million a year ago. Net sales rose 27.7% to Rs 908 million during the period as against Rs 710 million in April-June 2023.

For the year ended March 2024, NGL FINE CHM reported 101.6% increase in net profit to Rs 413 million compared to net profit of Rs 205 million during FY23. Revenue of the company grew 21.8% to Rs 3,387 million during FY24.

The current Price to earnings ratio of NGL FINE CHM, based on rolling 12 month earnings, stands at 26.6.


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