The stock opened at Rs 3077.8 and touched an intraday high and low of Rs 3110.0 and Rs 3072.45, respectively, in the session so far. Shares of Torrent Pharmaceuticals Ltd. traded a 52-week high of Rs 3,248.0 and a 52-week low of Rs 2,311.3.
According EEB, the total market capitalization of Torrent Pharmaceuticals Ltd. was Rs 52,233.13 crore at the time of writing.
Key finances
The company reported consolidated sales of Rs 2,188.0 crore for the quarter ended September 30, 2021, an increase of 0.64% over the previous quarter's Rs 2,174.0 crore and an increase of 8.16% over the Rs 2023.0 crore of the quarter of the previous year.
Net profit for the last quarter was Rs 316.0 crore, 1.94 percent more than in the same quarter a year earlier.
Participation pattern
As of September 30, 2021, DIIs had a 6.71% stake in the company, while foreign institutional investors had 11.53% and promoters 71.25%.
Valuation reason
According to BSE data, the shares were trading at a price-earnings multiple of 41.23 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.
