GLENMARK PHARMA share price has zoomed 7% and is presently trading at Rs 635.
Meanwhile, the BSE HEALTHCARE Index is at 24,707 (up 2.7%).
Among the top Gainers in the BSE HEALTHCARE Index today are GLENMARK PHARMA (up 6.7%) and TORRENT PHARMA (up 5.8%).
PROCTER & GAMBLE HEALTH and J.B.CHEMICALS (down 0.3%) are among the top losers today.
Over the last one year, GLENMARK PHARMA has moved up from Rs 335 to Rs 635, registering a gain of Rs 300 (up 88.6%).
On the other hand, the BSE HEALTHCARE has moved up from 15,160 to 24,707, registering a gain of 9,547 points (up 62.8%) during the last 12 months.
The top buzzing stocks among the BSE HEALTHCARE Index stocks during this same period were LAURUS LABS (up 386.1%), DISHMAN CARBOGEN AMCIS (up 157.0%) and APOLLO HOSPITALS (up 154.8%).
FREE Event: The Great Indian Wealth Project
The BSE Sensex is at 49,617 (up 0.7%).
The top gainers among the BSE Sensex stocks today are L&T (up 3.7%), SUN PHARMA (up 2.8%) and TATA STEEL (up 2.5%). Other gainers include INDUSIND BANK (up 2.2%) and ONGC (up 2.2%). The most traded stocks in the BSE Sensex are ONGC and SBI.
In the meantime, NSE Nifty is at 14,965 (up 0.8%). The top gainers in the NSE Nifty include COAL INDIA (up 6.2%), UPL (up 6.1%) and HINDALCO (up 4.7%). Other gainers include DIVIS LABORATORIES (up 4.1%) and TATA MOTORS (up 3.7%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 31,686 to 49,617, registering a gain of 17,931 points (up 56.42%).
GLENMARK PHARMA net profit stood at Rs 3 billion for the quarter ended June 2020, compared to a profit of Rs 2 billion a year ago. Net Sales declined 14.3% to Rs 23.4 billion during the period as against Rs 27.4 billion in April-June 2019.
For the year ended March 2019, GLENMARK PHARMA reported 5.7% decrease in net profit to Rs 7.6 billion compared to net profit of Rs 8.0 billion during FY18.
Revenue of the company grew 8.4% to Rs 99 billion during FY19.
The current Price to earnings ratio of GLENMARK PHARMA, based on rolling 12 month earnings, stands at 19.4x.
What else is happening in the markets today? Dig in...
GRINDWELL NORTON share price has hit an all time high at Rs 1,142 (up 6.1%). The BSE CAPITAL GOODS Index is up by 2.1%. Among the top gainers in the BSE CAPITAL GOODS Index today are GRINDWELL NORTON (up 6.1%) and HONEYWELL AUTOMATION (up 0.4%). The top losers include AIA ENGINEERING (down 0.2%) and SOLAR INDUSTRIES (down 0.2%).
May 10, 2021 12:30 pmShare markets in India are presently trading on a strong note. The BSE Sensex is trading up by 379 points, up 0.8% at 49,585 levels.
May 10, 2021 10:28 AMGE T&D INDIA share price is trading up by 5% and its current market price is Rs 128. The BSE CAPITAL GOODS is up by 1.5%. The top gainers in the BSE CAPITAL GOODS Index are GE T&D INDIA (up 5.3%) and GRINDWELL NORTON (up 5.8%). The top losers are SCHAEFFLER INDIA and THERMAX (down 0.2%).
May 10, 2021 09:30 amIndian share markets continue momentum. The BSE Sensex opened up by 352 points, while the Nifty is trading higher by 120 points.
May 10, 2021 09:58 AMCADILA HEALTHCARE share price has hit an all time high at Rs 625 (up 3.4%). The BSE HEALTHCARE Index is up by 1.9%. Among the top gainers in the BSE HEALTHCARE Index today are CADILA HEALTHCARE (up 3.4%) and ABBOTT INDIA (up 1.0%). The top losers include J.B.CHEMICALS (down 0.4%) and GSK PHARMA (down 0.4%).
May 10, 2021 09:30 AMWIPRO share price has hit an all time high at Rs 519 (up 0.5%). The BSE IT Index is up by 0.3%. Among the top gainers in the BSE IT Index today are WIPRO (up 0.5%) and L&T INFOTECH (up 0.3%). The top losers include HEXAWARE TECHNOLOGIES and INFOSYS (down 0.2%).
View More Indian Share Market NewsIn this video, I'll show you why I favour smallcaps over the Nifty.
Apr 30, 2021Price is the only due diligence one might require to buy this business.
Apr 28, 2021Does the concept of selling stocks in the month of May, work in the Indian market?
May 6, 2021Why are markets discounting the economic impact of Covid?
More
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!