Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
25 April, 2024 17:17 IST
Alembic Pharma jumps on strong Q2 result
Source: IRIS | 20 Oct, 2014, 02.45PM
Rating: NAN / 5 stars.
Comments  |  Post Comment

Alembic Pharmaceuticals, a vertically integrated research and development pharmaceutical company, witnessed a rise in share price on Monday after it disclosed a good increase in consolidated net profit for the quarter ended September 2014. During the quarter, the profit of the company rose 25.36% to Rs 772.70 million from Rs 616.40 million in the same quarter last year.

Net sales for the quarter rose 12.48% to Rs 5,470.80 million, compared with Rs 4,864 million for the prior year period.

Shares of the company are trading at Rs 403.50, up Rs 16.65, or 4.30% at the Bombay Stock Exchange (BSE) on Monday at 2:26 p.m.

The scrip has touched an intra-day high of Rs 411 and low of Rs 390. The total volume of shares traded at the BSE is 120,258.

 Post Comment
Name Email
Comment
Security Code type    into this box
Related Articles
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer