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NURECA Gains 8%; BSE HEALTHCARE Index Down 0.5%
Thu, 9 Jan 9:46

NURECA Gains 8%; BSE HEALTHCARE Index Down 0.5%Image source: phive2015/www.istockphoto.com

NURECA share price has zoomed 8% and is presently trading at Rs 330.2.

Meanwhile, the BSE HEALTHCARE index is at 44,891.3 (down 0.5%).

Among the top gainers in the BSE HEALTHCARE index today are ASTRAZENECA PHARMA (up 4.6%) and Cadila Healthcare (up 3.8%).

KIMS (down 1.9%) and APOLLO HOSPITALS (down 1.7%) are among the top losers today.

Over the last one year, NURECA has moved down from Rs 403.2 to Rs 330.2, registering a loss of Rs 73.1 (down 18.1%).

On the other hand, the BSE HEALTHCARE index has moved up from 32,240.0 to 44,891.3, registering a gain of 39.2% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were Jubilant Pharmova (up 85.1%), Glenmark Pharma (up 84.8%) and CAPLIN POINT (up 82.5%).

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What About the Benchmark Indices?

The BSE Sensex is at 77,881.4 (down 0.3%).

The top losers among the BSE Sensex today are ZOMATO (down 1.4%) and L&T (down 1.4%). The most traded stocks in the BSE Sensex are ZOMATO and Tata Motors.

In the meantime, NSE Nifty is at 23,607.9 (down 0.3%). APOLLO HOSPITALS and Trent are among the top losers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 71,355.2 to 77,881.4, registering a gain of 6,526.1 points (up 9.1%).

NURECA Financial Update...

NURECA net profit fell 116.7% YoY to Rs -5 million for the quarter ended September 2024, compared to a profit of Rs 29 million a year ago. Net sales declined 0.5% to Rs 312 million during the period as against Rs 314 million in July-September 2023.

For the year ended March 2024, NURECA reported 78.3% increase in net profit to Rs -18 million compared to net loss of Rs 83 million during FY23. Revenue of the company fell 17.4% to Rs 919 million during FY24.

The current Price to earnings ratio of NURECA, based on rolling 12 month earnings, stands at -117.9.


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