The counter had a total traded volume of 11:44AM shares so far with a turnover of Rs 0.54 crore on BSE. The stock traded at a price-to-earnings multiple of 34.19 and a price-to-book ratio of 6.92.
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 is the measure of the price that investors are ready to pay even for no growth in the business.
Torrent Pharmaceuticals Ltd. belongs to the Pharma – Indian industry.
Promotor/FII Holding
Promoters held 142.5 per cent stake in the company as of 31-Mar-2021, while FIIs and domestic institutional investors ownership stood at 25.88 per cent and 13.54 per cent, respectively.
Key Financials
The company reported consolidated net sales of Rs 2003.0 crore for the quarter ended 31-Dec-2020, down 0.99 per cent from the previous quarter’s Rs 2023.0 crore and down 0.79 per cent from the year-ago quarter’s Rs 2019.0 crore.
Its profit for the latest quarter stood at Rs 297.0 crore, up 18.33 per cent from the same quarter a year ago.
