CADILA HEALTHCARE Share Price Up by 6%; BSE HEALTHCARE Index Up 1.0%
November 27, 2020 10:08 AM

CADILA HEALTHCARE share price has zoomed 6% and is presently trading at Rs 446.

Meanwhile, the BSE HEALTHCARE Index is at 20,331 (up 1.0%).

Among the top Gainers in the BSE HEALTHCARE Index today are CADILA HEALTHCARE (up 5.6%) and WOCKHARDT (up 5.5%).

SANOFI INDIA and PFIZER (down 0.2%) are among the top losers today.

Over the last one year, CADILA HEALTHCARE has moved up from Rs 256 to Rs 446, registering a gain of Rs 190 (up 73.9%).

On the other hand, the BSE HEALTHCARE has moved up from 13,591 to 20,331, registering a gain of 6,740 points (up 49.5%) during the last 12 months.

The top buzzing stocks among the BSE HEALTHCARE Index stocks during this same period were LAURUS LABS (up 340.4%), GRANULES INDIA (up 215.4%) and J.B.CHEMICALS (up 150.7%).

What About the Benchmark Indices?

The BSE Sensex is at 44,407 (down 0.1%).

The top gainers among the BSE Sensex stocks today are BAJAJ AUTO (up 2.3%), NTPC (up 1.8%) and ASIAN PAINTS (up 1.1%). Other gainers include BAJAJ FINANCE (up 1.0%) and SUN PHARMA (up 1.0%). The most traded stocks in the BSE Sensex are NTPC and ONGC.

In the meantime, NSE Nifty is at 13,035 (down 0.1%). The top gainers in the NSE Nifty include TATA MOTORS (up 4.3%), BAJAJ AUTO (up 2.4%) and NTPC (up 2.2%). Other gainers include BRITANNIA (up 1.6%) and ASIAN PAINTS (up 1.3%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 40,889 to 44,407, registering a gain of 3,518 points (up 8.09%).

CADILA HEALTHCARE Financial Update...

CADILA HEALTHCARE net profit stood at Rs 4 billion for the quarter ended September 2020, compared to a profit of Rs 4 billion a year ago. Net Sales rose 5.0% to Rs 38.2 billion during the period as against Rs 36.4 billion in July-September 2019.

For the year ended March 2020, CADILA HEALTHCARE reported 36.5% decrease in net profit to Rs 11.8 billion compared to net profit of Rs 18.5 billion during FY19.

Revenue of the company grew 8.3% to Rs 143 billion during FY20.

The current Price to earnings ratio of CADILA HEALTHCARE, based on rolling 12 month earnings, stands at 27.3x.