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?  

IND. SWIFT Plunges 5%; BSE HEALTHCARE Index Down 0.0%
Mon, 8 Jul 10:0

IND. SWIFT Plunges 5%; BSE HEALTHCARE Index Down 0.0%Image source: ThinkNeo/www.istockphoto.com

IND. SWIFT share price has plunged 5% and is presently trading at Rs 20.2.

Meanwhile, the BSE HEALTHCARE index is at 38,245.3 .

Among the top losers in the BSE HEALTHCARE index today are CAPLIN POINT (down 2.2%) and Divis Laboratories (down 1.8%).

POLY MEDICURE (up 1.6%) and ERIS LIFESCIENCES (up 1.2%) are among the top gainers today.

Over the last one year, IND. SWIFT has moved up from Rs 13.7 to Rs 20.2, registering a gain of Rs 6.5 (up 47.7%).

On the other hand, the BSE HEALTHCARE index has moved up from 25,703.5 to 38,245.3, registering a gain of 48.8% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were Glenmark Pharma (up 107.4%), Cadila Healthcare (up 103.7%) and Lupin (up 98.9%).

Must See: These Segments are Witnessing Incredible Growth with Modi's Push

What About the Benchmark Indices?

The BSE Sensex is at 79,835.8 (down 0.2%).

The top losers among the BSE Sensex today are Titan (down 4.1%) and Asian Paints (down 1.3%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,276.6 (down 0.2%). Titan and Divis Laboratories are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 65,479.1 to 79,835.8, registering a gain of 14,356.8 points (up 21.9%).

IND. SWIFT Financial Update...

IND. SWIFT net profit fell 29.3% YoY to Rs 375 million for the quarter ended March 2024, compared to a profit of Rs 531 million a year ago. Net sales rose 27.7% to Rs 1,352 million during the period as against Rs 1,059 million in January-March 2023.

For the year ended March 2023, IND. SWIFT reported 230.1% increase in net profit to Rs 260 million compared to net loss of Rs 200 million during FY22. Revenue of the company grew 3.3% to Rs 4,110 million during FY23.

The current Price to earnings ratio of IND. SWIFT, based on rolling 12 month earnings, stands at 7.7.


Equitymaster requests your view! Post a comment on "IND. SWIFT Plunges 5%; BSE HEALTHCARE Index Down 0.0%". Click here!