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?  

NEULAND LABS Gains 5%; BSE HEALTHCARE Index Down 0.1%
Tue, 5 Nov 9:55

NEULAND LABS Gains 5%; BSE HEALTHCARE Index Down 0.1%Image source: DNY59/www.istockphoto.com

NEULAND LABS share price has zoomed 5% and is presently trading at Rs 15,432.9.

Meanwhile, the BSE HEALTHCARE index is at 43,800.0 (down 0.1%).

Among the top gainers in the BSE HEALTHCARE index today are GLAND PHARMA (up 8.4%) and Procter & Gamble Health (up 6.6%).

FORTIS HEALTHCARE (down 3.6%) and Cadila Healthcare (down 2.0%) are among the top losers today.

Over the last one year, NEULAND LABS has moved up from Rs 3,850.9 to Rs 15,432.9, registering a gain of Rs 11,582.1 (up 300.8%).

On the other hand, the BSE HEALTHCARE index has moved up from 27,350.0 to 43,800.0, registering a gain of 60.1% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were Jubilant Pharmova (up 228.8%), Glenmark Pharma (up 130.2%) and SUVEN PHARMACEUTICALS (up 129.5%).

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

What About the Benchmark Indices?

The BSE Sensex is at 78,601.8 (down 0.2%).

The top losers among the BSE Sensex today are MUNDRA PORT & SEZ (down 2.3%) and ITC (down 1.0%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 23,938.7 (down 0.2%). Coal India and MUNDRA PORT & SEZ are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 63,591.3 to 78,601.8, registering a gain of 15,010.5 points (up 23.6%).

NEULAND LABS Financial Update...

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 58.9.


Equitymaster requests your view! Post a comment on "NEULAND LABS Gains 5%; BSE HEALTHCARE Index Down 0.1%". Click here!