GLENMARK LIFE SCIENCES Gains 5%; BSE HEALTHCARE Index Down 1.2%
Wed, 15 Jan 15:7
Image source: StarLineArts/www.istockphoto.comGLENMARK LIFE SCIENCES share price has zoomed 5% and is presently trading at Rs 1,065.6.
Meanwhile, the BSE HEALTHCARE index is at 42,510.9 (down 1.2%).
Among the top gainers in the BSE HEALTHCARE index today are Procter & Gamble Health (up 3.0%) and ERIS LIFESCIENCES (up 1.9%).
CAPLIN POINT (down 4.5%) and MAX HEALTHCARE INSTITUTE (down 4.4%) are among the top losers today.
Over the last one year, GLENMARK LIFE SCIENCES has moved up from Rs 747.9 to Rs 1,065.6, registering a gain of Rs 317.7 (up 42.5%).
On the other hand, the BSE HEALTHCARE index has moved up from 32,835.5 to 42,510.9, registering a gain of 29.5% during the last 12 months.
The top gainers among the BSE HEALTHCARE index stocks during this same period were POLY MEDICURE (up 72.5%), Jubilant Pharmova (up 69.0%) and Glenmark Pharma (up 62.2%).
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What About the Benchmark Indices?
The BSE Sensex is at 76,741.3 (up 0.3%).
The top gainers among the BSE Sensex today are ZOMATO (up 3.8%) and NTPC (up 3.1%). The most traded stocks in the BSE Sensex are Axis Bank and ZOMATO.
In the meantime, NSE Nifty is at 23,211.2 (up 0.2%). Trent and NTPC are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 73,327.9 to 76,741.3, registering a gain of 3,413.4 points (up 4.7%).
GLENMARK LIFE SCIENCES Financial Update...
GLENMARK LIFE SCIENCES net profit fell 19.7% YoY to Rs 953 million for the quarter ended September 2024, compared to a profit of Rs 1,187 million a year ago. Net sales declined 14.9% to Rs 5,069 million during the period as against Rs 5,954 million in July-September 2023.
For the year ended March 2024, GLENMARK LIFE SCIENCES reported 0.8% increase in net profit to Rs 4,709 million compared to net profit of Rs 4,670 million during FY23. Revenue of the company grew 5.6% to Rs 22,832 million during FY24.
The current Price to earnings ratio of GLENMARK LIFE SCIENCES, based on rolling 12 month earnings, stands at 30.8.
Indian Share Market Update: Top Gainers and Losers
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