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Jubilant Pharmova Gains 5%; BSE HEALTHCARE Index Down 0.5%
Thu, 28 Nov 15:19

Jubilant Pharmova Gains 5%; BSE HEALTHCARE Index Down 0.5%Image source: asbe/www.istockphoto.com

Jubilant Pharmova share price has zoomed 5% and is presently trading at Rs 1,188.6.

Meanwhile, the BSE HEALTHCARE index is at 42,786.5 (down 0.5%).

Among the top gainers in the BSE HEALTHCARE index today are POLY MEDICURE (up 1.9%) and LAURUS LABS (up 1.5%).

AJANTA PHARMA (down 3.1%) and ERIS LIFESCIENCES (down 3.0%) are among the top losers today.

Over the last one year, Jubilant Pharmova has moved up from Rs 432.3 to Rs 1,188.6, registering a gain of Rs 756.4 (up 175.0%).

On the other hand, the BSE HEALTHCARE index has moved up from 29,654.9 to 42,786.5, registering a gain of 44.3% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were Jubilant Pharmova (up 175.0%), SUVEN PHARMACEUTICALS (up 96.6%) and Glenmark Pharma (up 94.0%).

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What About the Benchmark Indices?

The BSE Sensex is at 79,013.1 (down 1.5%).

The top losers among the BSE Sensex today are M&M (down 3.6%) and Infosys (down 3.5%). The most traded stocks in the BSE Sensex are MUNDRA PORT & SEZ and Axis Bank.

In the meantime, NSE Nifty is at 23,915.6 (down 1.5%). SBI LIFE INSURANCE and M&M are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,174.2 to 79,013.1, registering a gain of 12,838.9 points (up 19.4%).

Jubilant Pharmova Financial Update...

Jubilant Pharmova net profit grew 93.2% YoY to Rs 1,026 million for the quarter ended September 2024, compared to a profit of Rs 531 million a year ago. Net sales rose 4.3% to Rs 17,523 million during the period as against Rs 16,803 million in July-September 2023.

For the year ended March 2024, Jubilant Pharmova reported 212.0% increase in net profit to Rs 727 million compared to net loss of Rs 649 million during FY23. Revenue of the company grew 6.7% to Rs 67,029 million during FY24.

The current Price to earnings ratio of Jubilant Pharmova, based on rolling 12 month earnings, stands at 33.1.


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