Trending stocks: Alembic Pharmaceuticals share price surges over 12%

NEW DELHI: Shares of Alembic Pharmaceuticals traded 12.4 per cent up in Friday 's trade at 11:57AM (IST).

Around 3667379 shares changed hands on the counter. The stock opened at Rs 705.8 and touched an intraday high and low of Rs 801.9 and Rs 705.0 , respectively, in the session so far.

The stock quoted a 52-week high of Rs 798.9 and a 52-week low of Rs 434.8 .


Drug firm Alembic Pharmaceuticals reported a 81 per cent rise in its consolidated net profit at Rs 224.93 crore for the fourth quarter ended March 31, 2020 mainly on account of robust sales in international markets.

Financials
Alembic Pharmaceuticals Ltd., incorporated in the year 2010, is a Mid Cap company (having a market cap of Rs 13168.78 Crore) operating in Pharmaceuticals sector.

For the quarter ended 31-03-2020, the company reported a Consolidated sales of Rs 1206.83 Crore, down -.19 % from last quarter Sales of Rs 1209.13 Crore and up 30.19 % from last year same quarter Sales of Rs 926.95 Crore. The Company reported net profit after tax of Rs 203.52 Crore in latest quarter.

Alembic Pharmaceuticals Ltd. key Products/Revenue Segments include Pharmaceuticals which contributed Rs 3533.84 Crore to Sales Value (96.54 % of Total Sales), Export Incentives which contributed Rs 88.18 Crore to Sales Value (2.40 % of Total Sales), Royalty Income which contributed Rs 30.67 Crore to Sales Value (0.83 % of Total Sales) and Other Operating Revenue which contributed Rs 7.58 Crore to Sales Value (0.20 % of Total Sales)for the year ending 31-Mar-2019.

Promoter holding
Promoters held 72.969955 per cent stake in the company as of quarter ended 31st Mar 2020 .

Valuation ratio
It quoted a price-to-earnings ratio of 18.65 and price to book value of 5.5 .