Torrent Pharma Share Price: Share price of Torrent Pharma jumps as Sensex drops 43.51 points

The share price of Torrent Pharmaceuticals Ltd. gained 1.75 per cent to Rs 2802.5 at 11:47AM (IST) in Tuesday’s trade. The scrip has hit a high of Rs 2812.4 and low of Rs 2734.5 so far during the session. The stock had closed at Rs 2754.4 in the previous session.

The counter has had a total traded volume of 2200 shares so far with a value of Rs 0.61 crore on the NSE. It traded at a price-to-earnings multiple of 37.44 and a price-to-book ratio of 7.37.

A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.

The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.

The scrip gained 7.32 per cent during the past one year, while the 30-share index advanced 34.49 per cent during the same period.

Torrent Pharmaceuticals Ltd. belongs to the Pharma – Indian industry.


Promotor/FII Holding

Promoters held 71.25 per cent stake in the company as of 30-Sep-2021, while foreign investors and domestic institutional investors ownership stood at 11.53 per cent and 6.71 per cent, respectively.

Key Financials

The company reported consolidated sales of Rs 2188.0 crore for the quarter ended 30-Sep-2021, up 0.64 per cent from the previous quarter’s Rs 2174.0 crore and up 8.16 per cent from the year-ago quarter’s Rs 2023.0 crore.

Profit for the latest quarter stood at Rs 316.0 crore, up 1.94 per cent from the same quarter a year ago.

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