NEULAND LABS share price has zoomed 6% and is presently trading at Rs 14,570.0.
Meanwhile, the BSE HEALTHCARE index is at 43,701.9 (up 1.4%).
Among the top gainers in the BSE HEALTHCARE index today are Cipla (up 9.9%) and Jubilant Pharmova (up 4.8%).
SYNGENE INTERNATIONAL (down 1.8%) and Biocon (down 1.5%) are among the top losers today.
Over the last one year, NEULAND LABS has moved up from Rs 3,852.6 to Rs 14,570.0, registering a gain of Rs 10,717.4 (up 278.2%).
On the other hand, the BSE HEALTHCARE index has moved up from 27,385.2 to 43,701.9, registering a gain of 59.6% during the last 12 months.
The top gainers among the BSE HEALTHCARE index stocks during this same period were Jubilant Pharmova (up 211.2%), SUVEN PHARMACEUTICALS (up 127.8%) and Glenmark Pharma (up 124.0%).
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The BSE Sensex is at 79,531.4 (down 0.5%).
The top losers among the BSE Sensex today are Tech Mahindra (down 4.7%) and HCl Tech. (down 3.1%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.
In the meantime, NSE Nifty is at 24,236.8 (down 0.4%). Tech Mahindra and HCl Tech. are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 64,112.7 to 79,531.4, registering a gain of 15,418.7 points (up 24.0%).
NEULAND LABS net profit grew 58.2% YoY to Rs 979 million for the quarter ended June 2024, compared to a profit of Rs 619 million a year ago. Net sales rose 21.1% to Rs 4,396 million during the period as against Rs 3,630 million in April-June 2023.
For the year ended March 2024, NEULAND LABS reported 83.5% increase in net profit to Rs 3,001 million compared to net profit of Rs 1,635 million during FY23. Revenue of the company grew 30.8% to Rs 15,586 million during FY24.
The current Price to earnings ratio of NEULAND LABS, based on rolling 12 month earnings, stands at 55.6.
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