Thursday, 4 August 2016

Cadila Healthcare gains 5%

The company posted a net profit after taxes, minority interest and share of profit of associates and joint ventures of Rs. 3562 million for the quarter ended June 30, 2016 as compared to Rs. 4602 million for the quarter ended June 30, 2015.

Cadila Healthcare
Cadila Healthcare Ltd stock was higher by 5% at Rs.365.The company posted a net profit after taxes, minority interest and share of profit of associates and joint ventures of Rs. 3562 million for the quarter ended June 30, 2016 as compared to Rs. 4602 million for the quarter ended June 30, 2015. Total Income has decreased from Rs. 24066 million for the quarter ended June 30, 2015 to Rs. 23024 million for the quarter ended June 30, 2016.

The scrip opened at Rs. 349.8 and has touched a high and low of Rs. 366.8 and Rs. 349.8 respectively. So far 922386(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 35523.87 crore.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 454.4 on 23-Oct-2015 and a 52 week low of Rs. 295.5 on 18-Jan-2016. Last one week high and low of the scrip stood at Rs. 371.4 and Rs. 342 respectively.

The promoters holding in the company stood at 74.79 % while Institutions and Non-Institutions held 16.87 % and 8.33 % respectively.

The stock is currently trading above its 200 DMA.

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