IPCA LABS share price has zoomed 8% and is presently trading at Rs 1,480.
Meanwhile, the BSE HEALTHCARE Index is at 11,637 (down 3.0%).
Among the top Gainers in the BSE HEALTHCARE Index today are IPCA LABS (up 7.9%) and ABBOTT INDIA (up 11.5%).
LUPIN (down 0.2%) and PROCTER & GAMBLE HEALTH (down 0.4%) are among the top losers today.
Over the last one year, IPCA LABS has moved up from Rs 935 to Rs 1,480, registering a gain of Rs 545 (up 58.3%).
On the other hand, the BSE HEALTHCARE has moved down from 14,280 to 11,637, loss of 2,643 points (down 18.5%) during the last 12 months.
The top gainers among the BSE HEALTHCARE Index stocks during this same period were ABBOTT INDIA (up 101.4%), IPCA LABS (up 58.3%) and J.B.CHEMICALS (up 51.5%).
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The BSE Sensex is at 27,609 (down 7.7%).
The top gainers among the BSE Sensex stocks today are [param_sensex_top5]. The most traded stocks in the BSE Sensex are .
In the meantime, NSE Nifty is at 7,946 (down 9.1%).
Over the last 12 months, the BSE Sensex has moved down from 38,387 to 27,609, registering a loss of 10,778 points (down 28.08%).
IPCA LABS net profit stood at Rs 2 billion for the quarter ended December 2019, compared to a profit of Rs 2 billion a year ago. Net Sales rose 20.2% to Rs 11.4 billion during the period as against Rs 9.5 billion in October-December 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 29.5x. p >
What else is happening in the markets today? Dig in...
Indian share markets witnessed volatile trading activity throughout the day today and ended on a flat note.
P&G HYGIENE share price has hit an all time high at Rs 14,100 (up 3.1%). The BSE FMCG Index is up by 0.5%. Among the top gainers in the BSE FMCG Index today are P&G HYGIENE (up 3.1%) and NESTLE (up 2.0%). The top losers include HUL and GILLETTE INDIA (down 0.1%).
BSE Sensex is trading up by 74 points, while the NSE Nifty is trading up by 55 points.
Indian share markets open in green. The BSE Sensex opened up by 131 points, while the Nifty is trading higher by 40 points.
DCM SHRIRAM share price is trading up by 10% and its current market price is Rs 619. The BSE 500 is up by 0.6%. The top gainers in the BSE 500 Index is DCM SHRIRAM (up 10.3%). The top losers are GODREJ PROPERTIES and TVS SRICHAKRA .
HINDUSTAN COPPER share price is trading up by 5% and its current market price is Rs 145. The BSE METAL is up by 0.8%. The top gainers in the BSE METAL Index is HINDUSTAN COPPER (up 5.2%). The top losers is COAL INDIA (down 0.2%).
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