IPCA LABS share price has zoomed 6% and is presently trading at Rs 2,033.
Meanwhile, the BSE HEALTHCARE Index is at 18,650 (up 1.9%).
Among the top Gainers in the BSE HEALTHCARE Index today are IPCA LABS (up 5.7%) and LAURUS LABS LTD (up 9.2%).
DR. LAL PATHLABS LTD (down 0.1%) and NARAYANA HRUDAYALAYA LTD (down 0.6%) are among the top losers today.
Over the last one year, IPCA LABS has moved up from Rs 955 to Rs 2,033, registering a gain of Rs 1,078 (up 108.6%).
On the other hand, the BSE HEALTHCARE has moved up from 12,704 to 18,650, registering a gain of 5,946 points (up 46.6%) during the last 12 months.
The top gainers among the BSE HEALTHCARE Index stocks during this same period were GRANULES INDIA (up 226.8%), LAURUS LABS LTD (up 202.8%) and IPCA LABS (up 108.6%).
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The BSE Sensex is at 37,596 (down 1.1%).
The top gainers among the BSE Sensex stocks today are TITAN (up 3.8%), TATA STEEL (up 2.0%) and SBI (up 1.4%). Other gainers include SUN PHARMA (up 0.4%) and M&M . The most traded stocks in the BSE Sensex are SBI and SUN PHARMA.
In the meantime, NSE Nifty is at 11,058 (down 1.0%). The top gainers in the NSE Nifty include TATA MOTORS (up 4.9%), TITAN (up 3.8%) and HINDALCO (up 2.1%). Other gainers include TATA STEEL (up 1.9%) and DR. REDDYS LAB (up 1.6%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 37,481 to 37,596, registering a gain of 115 points (up -0.76%).
IPCA LABS net profit down at Rs 1 billion for the quarter ended March 2020, compared to a loss of Rs 2 billion a year ago. Net Sales declined 11.8% to Rs 10.0 billion during the period as against Rs 11.4 billion in January-March 2019.
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 38.6x. p >
What else is happening in the markets today? Dig in...
Indian share markets witnessed a sharp sell-off today and ended deep in the red.
ONGC share price is trading down by 7% and its current market price is Rs 118. The BSE OIL & GAS is down by 4.0%. The top gainers in the BSE OIL & GAS Index is CASTROL INDIA (up 1.3%). The top losers are ONGC (down 7.1%) and GAIL (down 6.3%).
ULTRATECH CEMENT share price is trading down by 5% and its current market price is Rs 6,487. The BSE 500 is down by 3.4%. The top gainers in the BSE 500 Index are SOUTH IND.BANK (up 10.4%) and JAGRAN PRAKASHAN (up 10.0%). The top losers are ULTRATECH CEMENT (down 5.0%) and BAJAJ FINSERV (down 6.3%).
JAGRAN PRAKASHAN share price is trading up by 10% and its current market price is Rs 60. The BSE 500 is down by 3.2%. The top gainers in the BSE 500 Index are JAGRAN PRAKASHAN (up 10.1%) and RCF (up 11.0%). The top losers are MAHINDRA CIE AUTO. and AJANTA PHARMA (down 0.1%).
UPL share price is trading down by 5% and its current market price is Rs 589. The BSE 500 is down by 3.2%. The top gainers in the BSE 500 Index are RCF (up 11.0%) and SOUTH IND.BANK (up 10.4%). The top losers are UPL (down 5.4%) and BAJAJ FINSERV (down 6.2%).
ICICI LOMBARD GENERAL INSURANCE share price is trading down by 5% and its current market price is Rs 1,479. The BSE 500 is down by 3.2%. The top gainers in the BSE 500 Index are RCF (up 11.0%) and SOUTH IND.BANK (up 10.4%). The top losers are ICICI LOMBARD GENERAL INSURANCE (down 5.2%) and BAJAJ FINSERV (down 6.2%).
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