Sanofi India share price has plunged 35% and is presently trading at Rs 6,513.1.
Meanwhile, the BSE HEALTHCARE index is at 36,937.2 (up 0.5%).
Among the top losers in the BSE HEALTHCARE index today are CAPLIN POINT (down 4.5%) and NARAYANA HRUDAYALAYA (down 1.6%).
Divis Laboratories (up 3.6%) and DR. LAL PATHLABS (up 2.8%) are among the top gainers today.
Over the last one year, Sanofi India has moved down from Rs 6,834.8 to Rs 6,513.1, registering a loss of Rs 321.7 (down 4.7%).
On the other hand, the BSE HEALTHCARE index has moved up from 24,190.1 to 36,937.2, registering a gain of 52.7% during the last 12 months.
The top gainers among the BSE HEALTHCARE index stocks during this same period were Cadila Healthcare (up 113.9%), Jubilant Pharmova (up 105.4%) and Lupin (up 95.7%).
Must See: These Segments are Witnessing Incredible Growth with Modi's Push
The BSE Sensex is at 76,859.3 (up 0.3%).
The top gainers among the BSE Sensex today are L&T (up 1.8%) and Titan (up 1.6%). The most traded stocks in the BSE Sensex are Tata Steel and SBI.
In the meantime, NSE Nifty is at 23,393.6 (up 0.3%). HDFC LIFE INSURANCE and Divis Laboratories are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 62,724.7 to 76,859.3, registering a gain of 14,134.6 points (up 22.5%).
Sanofi India net profit fell 28.3% YoY to Rs 1,366 million for the quarter ended March 2024, compared to a profit of Rs 1,904 million a year ago. Net sales declined 0.6% to Rs 7,324 million during the period as against Rs 7,365 million in January-March 2023.
For the year ended December 2023, Sanofi India reported 2.9% decrease in net profit to Rs 6,029 million compared to net profit of Rs 6,206 million during FY22. Revenue of the company grew 2.9% to Rs 28,511 million during FY23.
The current Price to earnings ratio of Sanofi India, based on rolling 12 month earnings, stands at 27.3.
Equitymaster requests your view! Post a comment on "Sanofi India Plunges 35%; BSE HEALTHCARE Index Up 0.5%". 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!