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INNOVA CAPTAB LTD. Gains 5%; BSE HEALTHCARE Index Down 1.0%
Mon, 4 Nov 9:48

INNOVA CAPTAB LTD. Gains 5%; BSE HEALTHCARE Index Down 1.0%Image source: hudiemm/www.istockphoto.com

INNOVA CAPTAB LTD. share price has zoomed 5% and is presently trading at Rs 826.8.

Meanwhile, the BSE HEALTHCARE index is at 43,783.5 (down 1.0%).

Among the top gainers in the BSE HEALTHCARE index today are KIMS (up 2.4%) and MAX HEALTHCARE INSTITUTE (up 1.3%).

Sun Pharma (down 3.9%) and CAPLIN POINT (down 3.1%) are among the top losers today.

Over the last one year, INNOVA CAPTAB LTD. has moved up from Rs 0.0 to Rs 826.8, registering a gain of Rs 826.8 .

On the other hand, the BSE HEALTHCARE index has moved up from 27,271.8 to 43,783.5, registering a gain of 60.5% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were Jubilant Pharmova (up 230.4%), SUVEN PHARMACEUTICALS (up 126.4%) and Glenmark Pharma (up 124.5%).

Dear Reader: If You Invest in Midcap Stocks, this is for You

What About the Benchmark Indices?

The BSE Sensex is at 78,994.4 (down 1.1%).

The top losers among the BSE Sensex today are Sun Pharma (down 3.9%) and Reliance Ind. (down 2.4%). The most traded stocks in the BSE Sensex are Reliance Ind. and Tata Steel.

In the meantime, NSE Nifty is at 24,069.8 (down 1.0%). Bajaj Auto and IOC are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 63,874.9 to 78,994.4, registering a gain of 15,119.5 points (up 23.7%).

INNOVA CAPTAB LTD. Financial Update...

INNOVA CAPTAB LTD. net profit fell {profitpercent} YoY to Rs 295 million for the quarter ended June 2024, compared to a profit of Rs {profitnumberprev} million a year ago. Net sales declined {salespercent} to Rs 2,943 million during the period as against Rs {salesnumberprev} million in {quarterprev}.

For the year ended March 2024, INNOVA CAPTAB LTD. reported 38.8% increase in net profit to Rs 943 million compared to net profit of Rs 680 million during FY23. Revenue of the company grew 16.7% to Rs 10,813 million during FY24.

The current Price to earnings ratio of INNOVA CAPTAB LTD., based on rolling 12 month earnings, stands at 44.5.


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