IPCA LABS share price has zoomed 6% and is presently trading at Rs 906.
Meanwhile, the BSE HEALTHCARE Index is at 12,122 (up 0.3%).
Among the top Gainers in the BSE HEALTHCARE Index today is IPCA LABS (up 5.6%).
GSK PHARMA (down 0.1%) and DR. REDDYS LAB (down 0.1%) are among the top losers today.
Over the last one year, IPCA LABS has moved up from Rs 622 to Rs 906, registering a gain of Rs 284 (up 45.4%).
On the other hand, the BSE HEALTHCARE has moved down from 14,673 to 12,122, loss of 2,551 points (down 17.4%) during the last 12 months.
The top gainers among the BSE HEALTHCARE Index stocks during this same period were PROCTER & GAMBLE HEALTH (up 55.1%), ABBOTT INDIA (up 50.0%) and IPCA LABS (up 45.4%).
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The BSE Sensex is at 38,345 (up 0.4%).
The top gainers among the BSE Sensex stocks today are INFOSYS (up 3.1%), ONGC (up 2.5%) and TATA MOTORS (up 2.1%). Other gainers include TATA MOTORS DVR (up 1.7%) and HUL (up 1.7%). The most traded stocks in the BSE Sensex are TATA MOTORS and SBI.
In the meantime, NSE Nifty is at 11,363 (up 0.2%). CIPLA (up 3.3%) is among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 34,761 to 38,345, registering a gain of 3,584 points (up 9.4%).
IPCA LABS net profit down at Rs 1 billion for the quarter ended June 2019, compared to a loss of Rs 2 billion a year ago. Net Sales rose 6.7% to Rs 10.1 billion during the period as against Rs 9.5 billion in April-June 2018.
For the year ended March 2018, IPCA LABS reported 23.1% increase in net profit to Rs 2.4 billion compared to net profit of Rs 1.9 billion during FY17.
Revenue of the company grew 2.2% to Rs 33 billion during FY18.
The current Price to earnings ratio of IPCA LABS, based on rolling 12 month earnings, stands at 21.9x. p >
What else is happening in the markets today? Dig in...
ITD CEMENTATION INDIA share price has hit a 52-week high. It is presently trading at Rs 94. BSE 500 Index is down by 0.2% at 20,196. Within the BSE 500, ITD CEMENTATION INDIA (up 1.7%) and TV18 BROADCAST (up 7.4%) are among the top gainers, while top losers are DHFL and CORPORATION BANK.
TUBE INVESTMENTS OF INDIA share price has hit an all time high at Rs 1,195 (up 0.6%). The BSE CAPITAL GOODS Index is down by 0.3%. Among the top gainers in the BSE CAPITAL GOODS Index today are TUBE INVESTMENTS OF INDIA (up 0.6%) and LAKSHMI MACHINE . The top losers include L&T (down 0.1%) and SADBHAV ENGINEERING (down 0.2%).
MAHANAGAR GAS share price has hit a 52-week high. It is presently trading at Rs 1,244. BSE 500 Index is down by 0.5% at 20,139. Within the BSE 500, MAHANAGAR GAS (up 3.4%) and BALRAMPUR CHINI (up 6.0%) are among the top gainers, while top losers are HINDUSTAN COPPER and APOLLO HOSPITALS.
Asian stock markets are trading on a negative note today as rising US Treasury yields again rattled equity investors while hoisting the dollar to a three-month high.
INDIABULLS REAL EST share price is trading up by 5% and its current market price is Rs 122. The BSE REALTY is up by 0.1%. The top gainers in the BSE REALTY Index is INDIABULLS REAL EST (up 5.5%). The top losers are PHOENIX MILL (down 0.4%) and MAHINDRA LIFESPACE (down 0.7%).
MRPL share price is trading up by 6% and its current market price is Rs 45. The BSE OIL & GAS is up by 1.5%. The top gainers in the BSE OIL & GAS Index is MRPL (up 5.7%). The top losers are CASTROL INDIA (down 0.3%) and PETRONET LNG (down 0.8%).
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