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As on 01-Dec-2023  13:05

Torrent Pharmaceuticals Ltd soars 1.08%, rises for third straight session

Torrent Pharmaceuticals Ltd rose for a third straight session today. The stock is quoting at Rs 2149.5, up 1.08% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.71% on the day, quoting at 20276.75. The Sensex is at 67486.34, up 0.74%. Torrent Pharmaceuticals Ltd has added around 11.52% in last one month.

Meanwhile, Nifty Pharma index of which Torrent Pharmaceuticals Ltd is a constituent, has added around 9.75% in last one month and is currently quoting at 16238.9, up 0.25% on the day. The volume in the stock stood at 1.5 lakh shares today, compared to the daily average of 2.57 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 2161, up 1.1% on the day. Torrent Pharmaceuticals Ltd is up 32.6% in last one year as compared to a 8.45% gain in NIFTY and a 24.4% gain in the Nifty Pharma index.

The PE of the stock is 65.28 based on TTM earnings ending September 23.

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