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ALEMBIC PHARMA Gains 4%; BSE HEALTHCARE Index Down 0.2%
Tue, 2 Jul 9:47

ALEMBIC PHARMA Gains 4%; BSE HEALTHCARE Index Down 0.2%Image source: phive2015/www.istockphoto.com

ALEMBIC PHARMA share price has zoomed 4% and is presently trading at Rs 952.0.

Meanwhile, the BSE HEALTHCARE index is at 37,165.1 (down 0.2%).

Among the top gainers in the BSE HEALTHCARE index today are AARTI DRUGS (up 2.0%) and FDC (up 1.4%).

MAX HEALTHCARE INSTITUTE (down 2.6%) and METROPOLIS HEALTHCARE (down 1.6%) are among the top losers today.

Over the last one year, ALEMBIC PHARMA has moved up from Rs 640.8 to Rs 952.0, registering a gain of Rs 311.2 (up 48.6%).

On the other hand, the BSE HEALTHCARE index has moved up from 25,634.3 to 37,165.1, registering a gain of 45.0% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were Glenmark Pharma (up 85.6%), Cadila Healthcare (up 83.8%) and CAPLIN POINT (up 82.8%).

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What About the Benchmark Indices?

The BSE Sensex is at 79,419.7 (down 0.1%).

The top losers among the BSE Sensex today are Kotak Bank (down 1.4%) and Tata Motors (down 1.3%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,093.8 (down 0.2%). Kotak Bank and Bajaj Finance are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 63,915.4 to 79,419.7, registering a gain of 15,504.3 points (up 24.3%).

ALEMBIC PHARMA Financial Update...

ALEMBIC PHARMA net profit grew 10.9% YoY to Rs 1,786 million for the quarter ended March 2024, compared to a profit of Rs 1,611 million a year ago. Net sales rose 7.9% to Rs 15,170 million during the period as against Rs 14,065 million in January-March 2023.

For the year ended March 2024, ALEMBIC PHARMA reported 80.1% increase in net profit to Rs 6,158 million compared to net profit of Rs 3,420 million during FY23. Revenue of the company grew 10.2% to Rs 62,286 million during FY24.

The current Price to earnings ratio of ALEMBIC PHARMA, based on rolling 12 month earnings, stands at 30.3.


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