Torrent Pharma shares down 0.79% as Nifty falls

Shares of Torrent Pharmaceuticals Ltd. rose 0.79 percent to Rs 2,763.45 in Monday's trade. It reached an intraday high of Rs 2805.25 and a low of Rs 2761.05, respectively, during the day.

The stock was trading at a 52-week high price of Rs 3,248.0 and a low of Rs 2,311.3.

At 11:53 am (IST), the accountant posted a total trading volume of 1,115 shares with a traded value of Rs 0.31 crore, according to Yes.

The stock had closed at Rs 2,785.5 in the previous session.

The scrip is down -6.9 percent in the last month to date, while the benchmark BSE index Sensex it has fallen by -3.04 percent during the same period.

According to stock market data, the shares were trading at a price-earnings multiple (P / E) of 36.91, while the price-to-book ratio stood at 7.37. A higher P / E ratio shows that investors are willing to pay a higher price for the earnings per rupee of stocks due to better expectations for future growth. The book value indicates the inherent value of a company and reflects the price that investors are willing to pay even if there is no growth in a business.

The share belongs to the Pharma industry - India.

Promoter / Holding FII
The promoters had a 71.25 percent stake in the company as of September 30, 2021, while FII and MF's ownership in the company was 11.53 percent and 6.71 percent, respectively.

Key finances
The company reported consolidated sales of Rs 2,188 million for the quarter ended September 30, 2021, 0.64 percent higher than Rs 2,174 million in the previous quarter and 8.16 percent more than Rs 2023 million. rupees from the quarter of the previous year. Its net profit for the last quarter stood at Rs 316.0 crore, 1.94 percent more than in the same quarter last year.

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