Torrent Pharma Share Price: Share price of Torrent Pharma rises as Nifty strengthens

Shares of Torrent Pharmaceuticals Ltd. gained 0.26 per cent to Rs 3057.05 in Tuesday’s trade as of 01:10PM (IST).

The stock hit a high price of Rs 3098.55 and low of Rs 3017.6 during the session.

The return on equity (ROE) for the stock stood at 21.44 per cent. Traded volume on the counter stood at 01:10PM shares and turnover at Rs 0.71 crore around that time.

The stock of Torrent Pharmaceuticals Ltd. quoted a 52-week high and 52-week low prices of Rs 3226.05 and Rs 2311.3, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 0.49.

Promotor/FII Holding

Promoters held 71.25 per cent stake in the company as of 30-Jun-2021, while FIIs held 13.28 per cent and domestic institutional investors had 6.79 per cent.

Key Financials

The company reported consolidated sales of Rs 2174.0 crore for the quarter ended 30-Jun-2021, up 10.02 per cent from previous quarter’s Rs 1976.0 crore and up 5.53 per cent from the year-ago quarter’s Rs 2060.0 crore.

Net profit after tax for the latest quarter stood at Rs 330.0 crore, up 2.8 per cent from the same quarter a year ago.