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INNOVA CAPTAB LTD. Gains 7%; BSE HEALTHCARE Index Up 1.3%
Thu, 23 Jan 15:15

INNOVA CAPTAB LTD. Gains 7%; BSE HEALTHCARE Index Up 1.3%Image source: Ivcandy/www.istockphoto.com

INNOVA CAPTAB LTD. share price has zoomed 7% and is presently trading at Rs 1,070.7.

Meanwhile, the BSE HEALTHCARE index is at 43,144.3 (up 1.3%).

Among the top gainers in the BSE HEALTHCARE index today are Aurobindo Pharma (up 4.4%) and Natco Pharma (up 3.1%).

ALEMBIC PHARMA (down 3.8%) and GSK Pharma (down 0.9%) are among the top losers today.

Over the last one year, INNOVA CAPTAB LTD. has moved up from Rs 517.3 to Rs 1,070.7, registering a gain of Rs 553.4 (up 107.0%).

On the other hand, the BSE HEALTHCARE index has moved up from 32,993.0 to 43,144.3, registering a gain of 30.8% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were Jubilant Pharmova (up 77.1%), Glenmark Pharma (up 76.4%) and POLY MEDICURE (up 68.6%).

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What About the Benchmark Indices?

The BSE Sensex is at 76,552.5 (up 0.2%).

The top gainers among the BSE Sensex today are Ultratech Cement (up 6.9%) and ZOMATO (up 2.8%). The most traded stocks in the BSE Sensex are ZOMATO and HDFC Bank.

In the meantime, NSE Nifty is at 23,217.6 (up 0.3%). Ultratech Cement and Grasim Industries are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 70,370.6 to 76,552.5, registering a gain of 6,181.9 points (up 8.8%).

INNOVA CAPTAB LTD. Financial Update...

INNOVA CAPTAB LTD. net profit grew 52.8% YoY to Rs 350 million for the quarter ended September 2024, compared to a profit of Rs 229 million a year ago. Net sales rose 12.5% to Rs 3,182 million during the period as against Rs 2,829 million in July-September 2023.

For the year ended March 2024, INNOVA CAPTAB LTD. reported 38.8% increase in net profit to Rs 943 million compared to net profit of Rs 680 million during FY23. Revenue of the company grew 16.7% to Rs 10,813 million during FY24.

The current Price to earnings ratio of INNOVA CAPTAB LTD., based on rolling 12 month earnings, stands at 51.8.


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