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?  

Torrent Pharma Gains 3%; BSE HEALTHCARE Index Down 0.2%
Fri, 25 Oct 12:27

Torrent Pharma Gains 3%; BSE HEALTHCARE Index Down 0.2%Image source: Ivcandy/www.istockphoto.com

Torrent Pharma share price has zoomed 3% and is presently trading at Rs 3,414.5.

Meanwhile, the BSE HEALTHCARE index is at 42,793.0 (down 0.2%).

Among the top gainers in the BSE HEALTHCARE index today are LAURUS LABS (up 6.2%) and MAX HEALTHCARE INSTITUTE (up 1.9%).

GSK Pharma (down 3.7%) and CAPLIN POINT (down 3.5%) are among the top losers today.

Over the last one year, Torrent Pharma has moved up from Rs 1,874.2 to Rs 3,414.5, registering a gain of Rs 1,540.3 (up 82.2%).

On the other hand, the BSE HEALTHCARE index has moved up from 27,503.7 to 42,793.0, registering a gain of 55.6% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were Jubilant Pharmova (up 201.2%), Glenmark Pharma (up 120.1%) and SUVEN PHARMACEUTICALS (up 119.3%).

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

What About the Benchmark Indices?

The BSE Sensex is at 79,344.7 (down 0.9%).

The top losers among the BSE Sensex today are Indusind Bank (down 19.2%) and M&M (down 4.6%). The most traded stocks in the BSE Sensex are Tata Steel and Indusind Bank.

In the meantime, NSE Nifty is at 24,101.5 (down 1.2%). Indusind Bank and M&M are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 64,571.9 to 79,344.7, registering a gain of 14,772.8 points (up 22.9%).

Torrent Pharma Financial Update...

Torrent Pharma net profit grew 20.9% YoY to Rs 4,570 million for the quarter ended June 2024, compared to a profit of Rs 3,780 million a year ago. Net sales rose 10.3% to Rs 28,590 million during the period as against Rs 25,910 million in April-June 2023.

For the year ended March 2024, Torrent Pharma reported 33.0% increase in net profit to Rs 16,564 million compared to net profit of Rs 12,452 million during FY23. Revenue of the company grew 11.5% to Rs 107,278 million during FY24.

The current Price to earnings ratio of Torrent Pharma, based on rolling 12 month earnings, stands at 66.6.


Equitymaster requests your view! Post a comment on "Torrent Pharma Gains 3%; BSE HEALTHCARE Index Down 0.2%". Click here!