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%).
Get savings of Rs 6,050: Join our small cap research service today!
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 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.
Equitymaster requests your view! Post a comment on "PIRAMAL PHARMA Gains 10%; BSE HEALTHCARE Index Up 2.0%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!