Torrent Pharmaceuticals Ltd spurts 0.14%, rises for fifth straight session

Torrent Pharmaceuticals Ltd is trading at Rs 2,574, up 0.14% on the day at 12:44 IST on the NSE. The stock is up 66.72% in the last one year compared to a 30.72% rise in NIFTY and a 58.98% rise in Nifty Pharma.

Torrent Pharmaceuticals Ltd gained for the fifth consecutive session today. The stock is trading at Rs 2,574, up 0.14% on the day at 12:44 IST on the NSE. The benchmark index NIFTY is up around 0.7% on the day, trading at 22159.1. The Sensex is at 73,016.66, up 0.75%. Torrent Pharmaceuticals Ltd has fallen around 1.5% in the last month.

Meanwhile, the Nifty Pharma index, of which Torrent Pharmaceuticals Ltd is a part, has fallen by around 0.35% in the last one month and is currently trading at 18809.45, up 0.35% on the day. The share volume today stood at 80685 shares, compared to the daily average of 3.15 lakh shares in the last one month.

The benchmark March futures contract for the stock is trading at Rs 2,584.4, up 0.16% on the day. Torrent Pharmaceuticals Ltd is up 66.72% in the last one year compared to a 30.72% rise in NIFTY and a 58.98% rise in the Nifty Pharma index.

The stock's PE is 74.59 based on TTM's earnings ending December 23rd.

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First published: Mar 27 2024 | 1:00 PM IS

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