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NURECA Gains 8%; BSE HEALTHCARE Index Down 0.7%
Mon, 20 Jan 10:15

NURECA Gains 8%; BSE HEALTHCARE Index Down 0.7%Image source: phive2015/www.istockphoto.com

NURECA share price has zoomed 8% and is presently trading at Rs 440.0.

Meanwhile, the BSE HEALTHCARE index is at 42,373.9 (down 0.7%).

Among the top gainers in the BSE HEALTHCARE index today are Jubilant Pharmova (up 3.1%) and KIMS (up 2.2%).

IPCA Labs (down 2.5%) and Lupin (down 1.9%) are among the top losers today.

Over the last one year, NURECA has moved up from Rs 410.5 to Rs 440.0, registering a gain of Rs 29.6 (up 7.2%).

On the other hand, the BSE HEALTHCARE index has moved up from 32,565.4 to 42,373.9, registering a gain of 30.1% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were Jubilant Pharmova (up 72.9%), POLY MEDICURE (up 72.4%) and Glenmark Pharma (up 62.6%).

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What About the Benchmark Indices?

The BSE Sensex is at 76,744.0 (up 0.2%).

The top gainers among the BSE Sensex today are Kotak Bank (up 9.3%) and NTPC (up 1.6%). The most traded stocks in the BSE Sensex are ZOMATO and Kotak Bank.

In the meantime, NSE Nifty is at 23,214.7 (up 0.1%). Kotak Bank and Wipro are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 73,128.8 to 76,744.0, registering a gain of 3,615.3 points (up 4.9%).

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 -157.1.


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