HESTER PHARM share price has zoomed 12% and is presently trading at Rs 2,730.1.
Meanwhile, the BSE HEALTHCARE index is at 39,099.7 (up 0.9%).
Among the top gainers in the BSE HEALTHCARE index today are ALEMBIC PHARMA (up 8.2%) and Natco Pharma (up 4.6%).
DR. LAL PATHLABS (down 0.9%) and Dr. Reddys (down 0.8%) are among the top losers today.
Over the last one year, HESTER PHARM has moved up from Rs 1,749.1 to Rs 2,730.1, registering a gain of Rs 981.0 (up 56.1%).
On the other hand, the BSE HEALTHCARE index has moved up from 26,789.0 to 39,099.7, registering a gain of 46.0% during the last 12 months.
The top gainers among the BSE HEALTHCARE index stocks during this same period were Jubilant Pharmova (up 94.7%), Lupin (up 94.2%) and GSK Pharma (up 93.2%).
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The BSE Sensex is at 80,148.9 (down 0.3%).
The top losers among the BSE Sensex today are Bajaj Finserv (down 2.4%) and Bajaj Finance (down 1.8%). The most traded stocks in the BSE Sensex are Tata Steel and NTPC.
In the meantime, NSE Nifty is at 24,413.5 (down 0.3%). Bajaj Finserv and Tata Consumer Products are among the top losers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 66,384.8 to 80,148.9, registering a gain of 13,764.1 points (up 20.7%).
HESTER PHARM net profit grew 9.2% YoY to Rs 59 million for the quarter ended March 2024, compared to a profit of Rs 54 million a year ago. Net sales rose 17.8% to Rs 793 million during the period as against Rs 673 million in January-March 2023.
For the year ended March 2023, HESTER PHARM reported 29.0% decrease in net profit to Rs 280 million compared to net profit of Rs 395 million during FY22. Revenue of the company grew 13.2% to Rs 2,661 million during FY23.
The current Price to earnings ratio of HESTER PHARM, based on rolling 12 month earnings, stands at 140.3.
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