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?A day after the release of its quarter-four results, Torrent Pharma surges around six per cent to Rs 2891 per share on the BSE intraday on Wednesday. Meanwhile, the brokerage firms had shown a mixed reaction towards the drug makers' earnings of the last quarter of FY21. ....
Torrent Pharma share gains 6% post Q4 earnings For the fiscal year 2021, net profit stood at Rs 1,252 crore as compared to Rs 1,052 crore in FY20. Revenue from operations grew 0.8 per cent to Rs 8,005 crore from Rs 7,939 crore in the previous year BusinessToday.In | May 19, 2021 | Updated 12:13 IST Representative Image Share of Torrent Pharma rose 6 per cent to hit an intraday high of Rs 2,891.55 after the company reported a 3 per cent rise in Q4 net profit. The company reported a consolidated net profit of Rs 324 crore for the quarter ended March 31 compared with a net profit of Rs 314 crore in Q4 FY20. The stock has gained 13 per cent in one year and risen 0.83 per cent since the beginning of this year. Torrent Pharma share trades higher than 5 day, 10 day, 20 day, 50 day, 100 day, and 200 day moving averages. Market cap of the firm rose to Rs 47,844.34 crore. ....
Read more about Benchmarks end near day s low; pharma shares climb on Business Standard. The domestic equity barometers ended with steep losses after a volatile session on Wednesday. The Nifty, however, managed to hold the 15,000 mark. Private banks and auto shares corrected while pharma and media stocks were in demand. ....
Maintain ADD on Torrent Pharma - In-line quarter; outlook stable - HDFC Securities equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
Torrent Pharma share gains 6% post Q4 earnings msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.