IPCA LABS share price has hit an all-time high at Rs 1,316 (up 4.7%).
Meanwhile, the BSE HEALTHCARE Index is at 14,408 (down 0.3%).
Among the top gainers in the BSE HEALTHCARE Index today are IPCA LABS (up 4.7%) and ABBOTT INDIA (up 1.6%).
TORRENT PHARMA and SYNGENE INTERNATIONAL (down 0.2%) are among the top losers today.
Over the last one year, IPCA LABS has moved up from Rs 730 to Rs 1,316, registering a gain of Rs 586 (up 78.9%).
The BSE HEALTHCARE has moved up from 13,720 to 14,408, registering a gain of 688 points (up 4.1%) during the last 12 months.
The top gainers among the BSE HEALTHCARE Index stocks during this same period were ABBOTT INDIA (up 90.6%), GRANULES INDIA (up 84.1%) and NARAYANA HRUDAYALAYA LTD (up 82.6%).
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The BSE Sensex is at 41,672 (up 0.9%). The top gainers among the BSE Sensex stocks today are HUL (up 5.1%), KOTAK MAHINDRA BANK (up 2.4%) and NESTLE (up 2.2%). Other gainers include ICICI BANK (up 1.7%) and ASIAN PAINTS (up 1.6%). The most traded stocks in the BSE Sensex are KOTAK MAHINDRA BANK and ICICI BANK.
In the meantime, NSE Nifty is at 12,232 (up 0.9%). The top gainers in the NSE Nifty include HUL (up 5.1%), KOTAK MAHINDRA BANK (up 2.3%) and NESTLE (up 2.3%). Other gainers include JSW STEEL (up 2.0%) and WIPRO (up 1.8%).
Over the last 12 months, the BSE Sensex has moved up from 36,395 to 41,672, registering a gain of 5,277 points (up 14.3%).
IPCA LABS net profit stood at Rs 2 billion for the quarter ended September 2019, compared to a profit of Rs 2 billion a year ago. Net Sales rose 28.0% to Rs 12.1 billion during the period as against Rs 9.5 billion in July-September 2018.
For the year ended March 2019, IPCA LABS reported 84.7% increase in net profit to Rs 4.4 billion compared to net profit of Rs 2.4 billion during FY18.
Revenue of the company grew 14.9% to Rs 38 billion during FY19.
The current Price to earnings ratio of IPCA LABS, based on rolling 12 month earnings, stands at 27.6x. p >
What else is happening in the markets today? Dig in...
The week belonged to the bulls after bears ended the party in February. March started with gains for the bulls but historically, March has been a bears' month.
Indian share markets end lower with the Sensex down by 441 points and the Nifty ending down by 143 points.
GRINDWELL NORTON share price is trading down by 5% and its current market price is Rs 950. The BSE CAPITAL GOODS is down by 1.5%. The top gainers in the BSE CAPITAL GOODS Index are V GUARD INDUSTRIES (up 3.3%) and AIA ENGINEERING (up 0.3%). The top losers is GRINDWELL NORTON (down 5.1%).
ADITYA BIRLA CAPITAL share price is trading down by 5% and its current market price is Rs 131. The BSE 500 is down by 1.1%. The top gainers in the BSE 500 Index are TV18 BROADCAST (up 7.3%) and MOTILAL OSWAL (up 5.9%). The top losers are ADITYA BIRLA CAPITAL (down 5.0%) and APOLLO HOSPITALS (down 5.2%).
HAVELLS INDIA share price is trading down by 5% and its current market price is Rs 1,163. The BSE CONSUMER DURABLES is down by 0.7%. The top gainers in the BSE CONSUMER DURABLES Index are BLUE STAR (up 1.7%) and CROMPTON GREAVES CONSUMER ELEC. (up 1.3%). The top losers is HAVELLS INDIA (down 5.1%).
BALMER LAWRIE share price is trading down by 5% and its current market price is Rs 148. The BSE 500 is down by 1.1%. The top gainers in the BSE 500 Index are TV18 BROADCAST (up 6.8%) and MOTILAL OSWAL (up 6.1%). The top losers are BALMER LAWRIE (down 5.0%) and APOLLO HOSPITALS (down 5.5%).
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