WOCKHARDT Surges by 8%; BSE HEALTHCARE Index Up 0.8%
February 11, 2020 09:54 AM

WOCKHARDT share price has zoomed 8% and is presently trading at Rs 394.

Meanwhile, the BSE HEALTHCARE Index is at 14,367 (up 0.8%).

Among the top Gainers in the BSE HEALTHCARE Index today are WOCKHARDT (up 8.2%) and SHILPA MEDICARE (up 7.0%).

FDC LTD. (down 0.1%) and DR. LAL PATHLABS LTD (down 0.4%) are among the top losers today.

Over the last one year, WOCKHARDT has moved down from Rs 408 to Rs 394, registering a loss of Rs 14 (down 3.5%).

On the other hand, the BSE HEALTHCARE has moved up from 13,720 to 14,367, registering a gain of 647 points (up 4.6%) during the last 12 months.

The top gainers among the BSE HEALTHCARE Index stocks during this same period were ABBOTT INDIA (up 93.2%), GRANULES INDIA (up 87.9%) and J.B.CHEMICALS (up 82.5%).

What About the Benchmark Indices?

The BSE Sensex is at 41,419 (up 0.9%).

The top gainers among the BSE Sensex stocks today are TATA STEEL (up 2.6%), AXIS BANK (up 1.8%) and ULTRATECH CEMENT (up 1.8%). Other gainers include HERO MOTOCORP (up 1.8%) and ITC (up 1.7%). The most traded stocks in the BSE Sensex are ICICI BANK and ITC.

In the meantime, NSE Nifty is at 12,162 (up 1.1%). GAIL (up 3.7%) and TATA MOTORS (up 3.6%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 36,395 to 41,419, registering a gain of 5,024 points (up 13.6%).

WOCKHARDT Financial Update...

WOCKHARDT net profit declined 125.0% YoY to Rs 192 million for the quarter ended December 2019, compared to a loss of Rs 769 million a year ago. Net Sales declined 16.9% to Rs 8.7 billion during the period as against Rs 10.5 billion in October-December 2018.

For the year ended March 2018, WOCKHARDT reported 36.6% increase in net profit to Rs 3.1 billion compared to net profit of Rs 2.3 billion during FY17.

Revenue of the company grew 1.9% to Rs 39 billion during FY18.

The current Price to earnings ratio of WOCKHARDT, based on rolling 12 month earnings, stands at down 34.6x.