ALKEM LABORATORIES at All Time High; BSE HEALTHCARE Index Up 1.1%
Fri, 16 Jul 11:26 AM

ALKEM LABORATORIES share price has hit an all-time high at Rs 3,603 (up 5.0%).

Meanwhile, the BSE HEALTHCARE Index is at 26,365 (up 1.1%).

Among the top gainers in the BSE HEALTHCARE Index today are ALKEM LABORATORIES (up 5.0%) and ABBOTT INDIA .

GSK PHARMA and LAURUS LABS (down 0.1%) are among the top losers today.

Over the last one year, ALKEM LABORATORIES has moved up from Rs 2,478 to Rs 3,603, registering a gain of Rs 1,126 (up 41.1%).

The BSE HEALTHCARE has moved up from 16,656 to 26,365, registering a gain of 9,709 points (up 57.9%) during the last 12 months.

The top gainers among the BSE HEALTHCARE Index stocks during this same period were LAURUS LABS (up 444.8%), APOLLO HOSPITALS (up 161.5%) and J.B.CHEMICALS (up 153.4%).

Watch: When is the Best Time to Sell Your Stock?

What About the Benchmark Indices?

The BSE Sensex is at 53,291 (up 0.1%). The top gainers among the BSE Sensex stocks today are BHARTI AIRTEL (up 2.2%), ITC (up 1.3%) and RELIANCE IND. (up 1.1%). Other gainers include SUN PHARMA (up 1.0%) and TATA STEEL (up 1.0%). The most traded stocks in the BSE Sensex are ITC and BHARTI AIRTEL.

In the meantime, NSE Nifty is at 15,962 (up 0.1%). The top gainers in the NSE Nifty include DIVIS LABORATORIES (up 3.2%), BHARTI AIRTEL (up 2.2%) and RELIANCE IND. (up 1.2%). Other gainers include HDFC LIFE INSURANCE (up 1.2%) and ITC (up 1.2%).

Over the last 12 months, the BSE Sensex has moved up from 36,033 to 53,291, registering a gain of 17,258 points (up 47.7%).

ALKEM LABORATORIES Financial Update...

ALKEM LABORATORIES net profit down at Rs 2 billion for the quarter ended March 2021, compared to a loss of Rs 5 billion a year ago. Net Sales declined 5.4% to Rs 21.9 billion during the period as against Rs 23.2 billion in January-March 2020.

For the year ended March 2020, ALKEM LABORATORIES reported 48.6% increase in net profit to Rs 11.5 billion compared to net profit of Rs 7.7 billion during FY19.

Revenue of the company grew 13.4% to Rs 83 billion during FY20.

The current Price to earnings ratio of ALKEM LABORATORIES, based on rolling 12 month earnings, stands at 25.8x.



What else is happening in the markets today? Dig in...

  

Stock Market Updates

Jul 16, 2021 10:22 AM

SOBHA share price has hit a 52-week high. It is presently trading at Rs 679. BSE 500 Index is up by 0.1% at 21,895. Within the BSE 500, SOBHA (down 9.4%) and SYNGENE INTERNATIONAL (up 9.4%) are among the top gainers, while top losers are DHFL and CORPORATION BANK.

Jul 16, 2021 10:02 AM

TATA STEEL share price has hit an all time high at Rs 1,270 (up 1.0%). The BSE METAL Index is up by 0.9%. Among the top gainers in the BSE METAL Index today are TATA STEEL (up 1.0%) and JSW STEEL (up 0.8%). The top losers include HINDUSTAN ZINC (down 0.6%).

Jul 16, 2021 09:30 am

Asian stock markets are trading on a negative note today amid concerns about the economic growth outlook and coronavirus flareups in some parts of the world.

Jul 16, 2021 09:42 AM

SYNGENE INTERNATIONAL share price is trading up by 11% and its current market price is Rs 700. The BSE HEALTHCARE is up by 1.3%. The top gainers in the BSE HEALTHCARE Index are SYNGENE INTERNATIONAL (up 11.5%) and ALKEM LABORATORIES (up 6.3%). The top losers are FORTIS HEALTHCARE and APOLLO HOSPITALS (down 0.1%).

Jul 16, 2021 09:38 AM

WIPRO share price has hit an all time high at Rs 589 (up 1.2%). The BSE IT Index is down by 0.2%. Among the top gainers in the BSE IT Index today are WIPRO (up 1.2%) and ORACLE FINANCIAL (up 0.4%). The top losers include HEXAWARE TECHNOLOGIES and MINDTREE (down 0.1%).

Jul 16, 2021 SGX Nifty

Trends on SGX Nifty indicate a positive opening for Indian stock markets.

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