The program opened at Rs 3011.95 and touched an intraday high and low of Rs 3064.25 and Rs 2997.8, respectively, in the session so far. Shares of the company Torrent Pharmaceuticals Ltd. traded a 52-week high of Rs 3,084.85 and a 52-week low of Rs 2,232.0.
The total market capitalization of Torrent Pharmaceuticals Ltd. was Rs 51,605.31 crore at the time of writing.
Key finances
The company reported consolidated sales of Rs 1976.0 crore for the quarter ended March 31, 2021, 1.35% less than the Rs 2003.0 crore of the previous quarter and 0.76% less than the Rs 1961.0 crore of the previous quarter. .
Net profit for the latest quarter stood at Rs 324.0 crore, 3.18 percent more than the corresponding quarter last year.
Participation pattern
As of June 30, 2021, DIIs had a 6.66% stake in the company, while foreign institutional investors had 13.28% and promoters 71.25%.
Valuation reason
According to EEB According to the data, the stock was trading at a price-earnings multiple of 41.22 and a price-to-book ratio of 7.37. A higher P / E ratio shows that investors are willing to pay a higher price due to better expectations for future growth. The price-book value indicates the inherent value of a company and is the measure of the price that investors are willing to pay even if there is no growth in the business.
Torrent Pharmaceuticals Ltd. belongs to the Pharma industry - India.
