Alembic Pharmaceuticals soars on reporting rise in Q2 consolidated net profit

07 Nov 2023 Evaluate

Alembic Pharmaceuticals is currently trading at Rs. 742.00, up by 11.05 points or 1.51% from its previous closing of Rs. 730.95 on the BSE.

The scrip opened at Rs. 736.90 and has touched a high and low of Rs. 751.50 and Rs. 724.40 respectively. So far 18617 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 839.00 on 19-Oct-2023 and a 52 week low of Rs. 463.30 on 29-Mar-2023.

Last one week high and low of the scrip stood at Rs. 751.50 and Rs. 708.45 respectively. The current market cap of the company is Rs. 14467.05 crore.

The promoters holding in the company stood at 69.61%, while Institutions and Non-Institutions held 18.72% and 11.67% respectively.

Alembic Pharmaceuticals has reported results for second quarter ended September 30, 2023 (Q2FY24). 

The company has reported 8.60% fall in its net profit at Rs 133.84 crore for the quarter under review as compared to Rs 146.44 crore for the same quarter in the previous year. However, total income of the company increased by 9.81% at Rs 1,487.79 crore for Q2FY24 as compared to Rs 1,354.88 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 2.41% rise in its net profit at Rs 136.56 crore for Q2FY24 as compared to Rs 133.35 crore for the same quarter in the previous year. Total income of the company increased by 8.79% at Rs 1,605.08 crore for Q2FY24 as compared to Rs 1,475.34 crore for the corresponding quarter previous year.


Alembic Pharma Share Price

1055.00 4.85 (0.46%)
20-Dec-2024 16:59 View Price Chart
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