Torrent Pharma Share Price: Torrent Pharma share price up 0.21 per cent

Shares of Torrent Pharmaceuticals Ltd. traded 0.21 per cent up at Rs 3102.9 at around 10:41AM (IST) on Monday. The stock had closed at Rs 3096.45 in the previous session. Equity benchmark Sensex traded 10.55 points higher at 59026.44 around the same time.

The scrip has climbed 7.98 per cent in the last one year till date, while the 30-share index has gained 51.92 per cent during the same period.

The stock’s 52-week high price stood at Rs 3226.05 and the 52-week low price at Rs 2311.3.

Trading volume on the counter stood at 331 shares, while it quoted a price-to-earnings ratio of 41.7, an EPS value of 74.52 and a price-to-book value of 7.37. In the Nifty50 pack, 18 stocks traded in the green, while 31 stocks were in the red.

Promoter/FII Holding
Promoters held 71.25 per cent stake in the company as of 30-Jun-2021, while FII and mutual funds’ ownership stood at 13.28 per cent and 6.66 per cent, respectively.

Key Financials
For the quarter ended 30-Jun-2021, the company reported consolidated sales of Rs 2174.0 crore, up 10.02 per cent from the previous quarter’s Rs 1976.0 crore and up 5.53 per cent from the year-ago quarter’s Rs 2060.0 crore. The company reported net profit of Rs 330.0 crore for the latest quarter.

Technical Indicators

The MACD signalled a bearish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect “buy” or “sell” opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.

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