Bilcare rose 1.99% to Rs 749.95 at 13:49 IST on BSE, on reports the company has tied-up with United States’ largest medicine retail chain Wal-Mart to provide innovative packaging solutions for medicines distributed under its $4 Prescription Program.
The stock hit a high of Rs 762 and a low of Rs 730 so far during the day. The stock has a 52-week high of Rs 1830 on 1 January 2008 and a 52-week low of Rs 611.05 on 18 July 2008.
The company’s current equity is Rs 17.21. Face value per share is Rs 10.
The current price of Rs 749.95 discounts Q1 June 2008 annualized EPS of Rs 37.40, by a PE multiple of 20.05.
Bilcare’s net profit rose 18.8% to Rs 16.09 crore on 22.5% increase in net sales to Rs 113.76 crore in Q1 June 2008 over Q1 June 2007.
The company provides state-of-the-art and comprehensive packaging solutions to the pharmaceutical and healthcare sector. The group provides its products and services to the pharma sector through five focused business activities, namely clinical services, research services, design lab, research academy and packaging materials.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment