Share price of Torrent Pharma falls as Nifty strengthens

Shares of Torrent Pharmaceuticals Ltd. slipped 0.26 per cent to Rs 2940.3 in Monday's trade as of 01:32PM (IST).

The stock hit a high price of Rs 2975.85 and low of Rs 2930.35 during the session.

The return on equity (ROE) for the stock stood at 21.44 per cent. Traded volume on the counter stood at 01:32PM shares and turnover at Rs 0.66 crore around that time.

The stock of Torrent Pharmaceuticals Ltd. quoted a 52-week high and 52-week low prices of Rs 3040.0 and Rs 2232.0, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 0.49.

Promotor/FII Holding
Promoters held 71.25 per cent stake in the company as of 31-Mar-2021, while foreign investors held 12.94 per cent and domestic institutional investors had 6.77 per cent.

Key Financials
The company reported consolidated sales of Rs 1976.0 crore for the quarter ended 31-Mar-2021, down 1.35 per cent from previous quarter's Rs 2003.0 crore and down 0.76 per cent from the year-ago quarter's Rs 1961.0 crore.

Net profit after tax for the latest quarter stood at Rs 324.0 crore, up 3.18 per cent from the same quarter a year ago.