The stock opened at Rs 2833.6 and touched an intraday high and low of Rs 2856.15 and Rs 2822.9, 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 47832.49 crore at the time of writing.
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.
Net profit for the last quarter stood at Rs 316.0 crore, 1.94 percent more than in the same quarter of the previous year.
Participation pattern
As of September 30, 2021, national institutional investors had a 6.71% stake in the company, while foreign institutional investors had 11.53% and promoters 71.25%.
Valuation reason
According to EEB data, the stock was trading at a P / E multiple of 37.75 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.
