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SYNGENE INTERNATIONAL Plunges 5%; BSE HEALTHCARE Index Down 1.4%
Fri, 24 Jan 9:35

SYNGENE INTERNATIONAL Plunges 5%; BSE HEALTHCARE Index Down 1.4%Image source: StarLineArts/www.istockphoto.com

SYNGENE INTERNATIONAL share price has plunged 5% and is presently trading at Rs 804.6.

Meanwhile, the BSE HEALTHCARE index is at 42,562.8 (down 1.4%).

Among the top losers in the BSE HEALTHCARE index today are Dr. Reddys (down 6.5%) and ALEMBIC PHARMA (down 2.6%).

GSK Pharma is among the top gainers today.

Over the last one year, SYNGENE INTERNATIONAL has moved up from Rs 680.9 to Rs 804.6, registering a gain of Rs 123.8 (up 18.2%).

On the other hand, the BSE HEALTHCARE index has moved up from 32,993.0 to 42,562.8, registering a gain of 29.0% during the last 12 months.

The top gainers among the BSE HEALTHCARE index stocks during this same period were Jubilant Pharmova (up 75.4%), Glenmark Pharma (up 72.7%) and POLY MEDICURE (up 65.6%).

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What About the Benchmark Indices?

The BSE Sensex is at 76,711.3 (up 0.2%).

The top gainers among the BSE Sensex today are Power Grid Corp. (up 2.0%) and NTPC (up 1.2%). The most traded stocks in the BSE Sensex are ZOMATO and Tata Steel.

In the meantime, NSE Nifty is at 23,235.6 (up 0.1%). Shriram Transport and Power Grid Corp. are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 70,370.6 to 76,711.3, registering a gain of 6,340.7 points (up 9.0%).

SYNGENE INTERNATIONAL Financial Update...

SYNGENE INTERNATIONAL net profit grew 17.6% YoY to Rs 1,311 million for the quarter ended December 2024, compared to a profit of Rs 1,115 million a year ago. Net sales rose 10.6% to Rs 9,437 million during the period as against Rs 8,535 million in October-December 2023.

For the year ended March 2024, SYNGENE INTERNATIONAL reported 9.8% increase in net profit to Rs 5,100 million compared to net profit of Rs 4,644 million during FY23. Revenue of the company grew 9.3% to Rs 34,886 million during FY24.

The current Price to earnings ratio of SYNGENE INTERNATIONAL, based on rolling 12 month earnings, stands at 64.6.


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