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PIRAMAL PHARMA Gains 10%; BSE HEALTHCARE Index Up 2.0%
Fri, 29 Nov 15:50

PIRAMAL PHARMA Gains 10%; BSE HEALTHCARE Index Up 2.0%Image source: hudiemm/www.istockphoto.com

PIRAMAL PHARMA share price has zoomed 10% and is presently trading at Rs 271.2.

Meanwhile, the BSE HEALTHCARE index is at 43,665.5 (up 2.0%).

Among the top gainers in the BSE HEALTHCARE index today are SUN PHARMA ADV. RES. (up 7.6%) and CAPLIN POINT (up 4.5%).

FDC (down 0.9%) and MAX HEALTHCARE INSTITUTE (down 0.3%) are among the top losers today.

Over the last one year, PIRAMAL PHARMA has moved up from Rs 122.0 to Rs 271.2, registering a gain of Rs 149.2 (up 122.3%).

On the other hand, the BSE HEALTHCARE index has moved up from 29,654.9 to 43,665.5, registering a gain of 47.2% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were Jubilant Pharmova (up 186.6%), SUVEN PHARMACEUTICALS (up 99.2%) and Glenmark Pharma (up 98.2%).

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What About the Benchmark Indices?

The BSE Sensex is at 79,802.8 (up 1.0%).

The top gainers among the BSE Sensex today are Bharti Airtel (up 4.4%) and Sun Pharma (up 2.9%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,123.7 (up 0.9%). Bharti Airtel and Sun Pharma are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,174.2 to 79,802.8, registering a gain of 13,628.6 points (up 20.6%).

PIRAMAL PHARMA Financial Update...

PIRAMAL PHARMA net profit grew 137.8% YoY to Rs 53 million for the quarter ended September 2024, compared to a loss of Rs 141 million a year ago. Net sales rose 17.3% to Rs 22,418 million during the period as against Rs 19,114 million in July-September 2023.

For the year ended March 2024, PIRAMAL PHARMA reported 109.6% increase in net profit to Rs 178 million compared to net loss of Rs 1,865 million during FY23. Revenue of the company grew 15.4% to Rs 81,712 million during FY24.

The current Price to earnings ratio of PIRAMAL PHARMA, based on rolling 12 month earnings, stands at -1769.9.


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