Torrent Pharmaceuticals Ltd spurts 0.36%, up for five straight sessions

Torrent Pharmaceuticals Ltd is trading at Rs 2,855.1, up 0.36% on the day at 12:44 IST on the NSE. The stock is up 58.06% in the last one year compared to a gain of 25.44% in NIFTY and a gain of 53.56% in Nifty Pharma.

Torrent Pharmaceuticals Ltd rose for the fifth consecutive session today. The stock is trading at Rs 2,855.1, up 0.36% on the day at 12:44 IST on the NSE. The benchmark index NIFTY is up around 0.19% on the day, trading at 23333.9. The Sensex is at 76733.17, up 0.05%. Torrent Pharmaceuticals Ltd has added around 9.62% in the last month.

Meanwhile, the Nifty Pharma index, of which Torrent Pharmaceuticals Ltd is a part, has added around 4.24% in the last one month and is currently trading at 19578, up 0.83% on the day. The share volume today stood at 67975 shares, compared to the daily average of 2.81 lakh shares in the last one month.

The benchmark June futures contract for the stock is trading at Rs 2,857.3, up 0.34% on the day. Torrent Pharmaceuticals Ltd is up 58.06% in the last one year compared to a gain of 25.44% in NIFTY and a gain of 53.56% in the Nifty Pharma index.

The stock's PE is 70.89 based on TTM's earnings ending March 24.

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First published: June 10, 2024 | 13:00 IS

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