Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2019 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.

Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
IPCA LABS at All Time High; BSE HEALTHCARE Index Up 0.2%

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks


Login Failure
(Please do not use this option on a public machine)
  Sign Up | Forgot Password?  

IPCA LABS at All Time High; BSE HEALTHCARE Index Up 0.2%
Wed, 20 Mar 03:30 PM

IPCA LABS share price has hit an all-time high at Rs 948 (up 2.2%).

Meanwhile, the BSE HEALTHCARE Index is at 14,323 (up 0.2%).

Among the top gainers in the BSE HEALTHCARE Index today are IPCA LABS (up 2.2%) and PFIZER (up 0.9%).

BIOCON and CIPLA are among the top losers today.

Over the last one year, IPCA LABS has moved up from Rs 658 to Rs 948, registering a gain of Rs 289 (up 42.8%).

The BSE HEALTHCARE has moved up from 13,385 to 14,323, registering a gain of 938 points (up 6.8%) during the last 12 months.

The top gainers among the BSE HEALTHCARE Index stocks during this same period were DIVIS LABORATORIES (up 54.5%), PFIZER (up 50.3%) and SUVEN LIFESCIENCES (up 49.7%).

What About the Benchmark Indices?

The BSE Sensex is at 38,490 (up 0.1%). The top gainers among the BSE Sensex stocks today are INFOSYS (up 2.2%), WIPRO (up 1.6%) and SUN PHARMA (up 1.4%). Other gainers include L&T (up 1.4%) and YES BANK (up 1.3%). The most traded stocks in the BSE Sensex are YES BANK and SBI.

In the meantime, NSE Nifty is at 11,556 (down 0.1%). The top gainers in the NSE Nifty include INDIABULLS HOU. FIN. (up 5.1%), HINDALCO (up 2.4%) and INFOSYS (up 2.1%). Other gainers include DR. REDDYS LAB (up 1.8%) and L&T (up 1.7%).

Over the last 12 months, the BSE Sensex has moved up from 32,923 to 38,490, registering a gain of 5,567 points (up 16.6%).

IPCA LABS Financial Update...

IPCA LABS net profit stood at Rs 2 billion for the quarter ended December 2018, compared to a profit of Rs 1 billion a year ago. Net Sales rose 10.3% to Rs 9.5 billion during the period as against Rs 8.6 billion in October-December 2017.

For the year ended March 2018, IPCA LABS reported 23.1% increase in net profit to Rs 2.4 billion compared to net profit of Rs 1.9 billion during FY17.

Revenue of the company grew 2.2% to Rs 33 billion during FY18.

The current Price to earnings ratio of IPCA LABS, based on rolling 12 month earnings, stands at 29.9x.

Equitymaster requests your view! Post a comment on "IPCA LABS at All Time High; BSE HEALTHCARE Index Up 0.2%". Click here!


Stock Market Updates

INDO COUNT Plunges by 5%; BSE 500 Index Up 0.2% (Today's Market)

Apr 23, 2019 01:00 PM

INDO COUNT share price has plunged by 5% and its current market price is Rs 48. The BSE 500 is up by 0.2%. The top gainers in the BSE 500 Index are JET AIRWAYS (up 8.9%) and BLISS GVS PHARMA (up 5.7%). The top losers are INDO COUNT (down 5.3%) and BHARTI AIRTEL (down 8.6%).

Sensex Trades Over 100 Points Higher; Yes Bank, Bajaj Finance Among Top Gainers (Today's Market)

Apr 23, 2019 12:30 pm

Share markets in India are presently trading on a positive note. Sectoral indices are trading mixed with stocks in the energy sector, consumer durables sector.

BATA INDIA at All Time High; BSE FMCG Index Up 0.5% (Today's Market)

Apr 23, 2019 12:10 PM

BATA INDIA share price has hit an all time high at Rs 1,440 (up 1.8%). The BSE FMCG Index is up by 0.5%. Among the top gainers in the BSE FMCG Index today are BATA INDIA (up 1.8%) and NESTLE (up 0.3%). The top losers include DABUR (down 0.1%) and UNITED BREWERIES (down 0.1%).

JET AIRWAYS Surges by 11%; BSE 500 Index Up 0.1% (Today's Market)

Apr 23, 2019 11:26 AM

JET AIRWAYS share price has surged by 11% and its current market price is Rs 172. The BSE 500 is up by 0.1%. The top gainers in the BSE 500 Index is JET AIRWAYS (up 11.1%). The top losers are HINDALCO and JSW STEEL .

GRINDWELL NORTON at 52 Week High; BSE 500 Index Down 0.1 % (Today's Market)

Apr 23, 2019 10:18 AM

GRINDWELL NORTON share price has hit a 52-week high. It is presently trading at Rs 614. BSE 500 Index is down by 0.1% at 15,273. Within the BSE 500, GRINDWELL NORTON (up 2.2%) and LINDE INDIA (up 5.3%) are among the top gainers, while top losers are BHARTI AIRTEL and INFIBEAM AVENUES.

INFIBEAM AVENUES Plunges by 7%; BSE 500 Index Up 0.2% (Today's Market)

Apr 23, 2019 10:00 AM

INFIBEAM AVENUES share price has plunged by 7% and its current market price is Rs 47. The BSE 500 is up by 0.2%. The top gainers in the BSE 500 Index are JET AIRWAYS (up 4.5%) and ZEE ENTERTAINMENT (up 4.4%). The top losers are INFIBEAM AVENUES (down 7.2%) and BHARTI AIRTEL (down 8.3%).

View More Indian Share Market News

Most Popular

3 Indian Stocks with Amazon-Like Potential(Profit Hunter)

Apr 10, 2019

We have identified 3 stocks with huge wealth building potential which meet our 'Click of a Button' criteria.

This Company is Making a Big Comeback and You Can Now Profit from Its Example(The 5 Minute Wrapup)

Apr 10, 2019

How Dell got its mojo back.

This is Why the Stock of Jubilant FoodWorks Went Up 1,160%(The 5 Minute Wrapup)

Apr 12, 2019

This critical business strategy has enabled companies to scale their operations faster.

Pocketing Massive Gains with HDFC And HDFC Bank(Profit Hunter)

Apr 12, 2019

Here's how one could have generated gains of Rs 59,250 in 10 days by trading HDFC and HDFC Bank with a capital of Rs 4 lakh.

A Simple 3-Point Investing Manifesto for You the Indian Investor(The 5 Minute Wrapup)

Apr 11, 2019

A must have checklist for every investor in the Indian stock market.


Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2019
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms


Apr 23, 2019 01:57 PM