Trending stocks: Thyrocare share price up 1%

NEW DELHI: Shares of Thyrocare Technologies traded 1.18 per cent up in Tuesday 's trade at 09:47 am.

Around 10215 shares changed hands on the counter. The stock opened at Rs 505.1 and touched an intraday high and low of Rs 510.0 and Rs 503.55 , respectively, in the session so far.

The stock quoted a 52-week high of Rs 677.0 and a 52-week low of Rs 407.15 .


Digital healthcare platform Practo has tied with private lab chain Thyrocare to carry out Covid-19 detection tests for Rs 4,500.

Financials
Thyrocare Technologies Ltd., incorporated in the year 2000, is a Mid Cap company (having a market cap of Rs 2642.35 Crore) operating in Hospitals & Allied Services sector.

For the quarter ended 31-12-2019, the company has reported a Consolidated sales of Rs 105.79 Crore, down -8.99 % from last quarter Sales of Rs 116.24 Crore and up 9.87 % from last year same quarter Sales of Rs 96.29 Crore Company has reported net profit after tax of Rs 27.41 Crore in latest quarter.

Thyrocare Technologies Ltd. key Products/Revenue Segments include Diagnostics which contributed Rs 354.44 Crore to Sales Value (95.72 % of Total Sales), Sale of services which contributed Rs 10.82 Crore to Sales Value (2.92 % of Total Sales), Other Operating Revenue which contributed Rs 2.86 Crore to Sales Value (0.77 % of Total Sales) and Glucose Strips/Gluco Meter which contributed Rs 2.16 Crore to Sales Value (0.58 % of Total Sales)for the year ending 31-Mar-2019.

Promoters holding
Promoters held 66.01413 per cent stake in the company as of Dec 2019 . For the quarter ended Dec 2019 , the company reported a net sales of Rs 105.79 crore and net profit of Rs 27.41 crore.

Valuation ratio
It quoted a price-to-earnings ratio of 25.19 and price to book value of 6.21 .