Torrent Pharmaceuticals Limited (BOM: 500420)

India flag India · Delayed Price · Currency is INR
3,102.35
-20.10 (-0.64%)
At close: Nov 14, 2024
50.25%
Market Cap 1.05T
Revenue (ttm) 112.24B
Net Income (ttm) 18.02B
Shares Out 338.45M
EPS (ttm) 53.25
PE Ratio 58.26
Forward PE 44.61
Dividend 28.00 (0.90%)
Ex-Dividend Date Jun 21, 2024
Volume 17,905
Open 3,130.00
Previous Close 3,122.45
Day's Range 3,097.90 - 3,138.35
52-Week Range 2,025.00 - 3,589.95
Beta n/a
Analysts n/a
Price Target n/a
Earnings Date Oct 25, 2024

About Torrent Pharmaceuticals

Torrent Pharmaceuticals Limited engages in the research, development, manufacturing, and marketing of generic pharmaceutical formulations in India, the United States, Brazil, Germany, and internationally. The company offers products in various therapeutic areas, including cardiovascular, central nervous system, gastro-intestinal, and women healthcare; and dermatology, diabetology, pain management, gynecology, oncology, and anti-infective, as well as vitamins, minerals, and nutrients. It also provides contract manufacturing services. The company... [Read more]

Industry Pharmaceutical Preparations
Founded 1959
Employees 15,718
Stock Exchange Bombay Stock Exchange
Ticker Symbol 500420
Full Company Profile

Financial Performance

In 2023, Torrent Pharmaceuticals's revenue was 107.28 billion, an increase of 11.51% compared to the previous year's 96.20 billion. Earnings were 16.56 billion, an increase of 33.02%.

Financial Statements

News

Torrent Pharma Block Deal: 1.04 crore shares or 3% equity worth Rs 3,230 crore change hands

Torrent Pharmaceuticals shares dropped 3.15% to ₹3,114.35 as of 9:19 am on the NSE after a significant large trade. Approximately 1.04 crore shares, equating to 3.1% of equity, exchanged hands at ₹3,1...

18 days ago - Business Upturn

Stock to watch today: Torrent Pharma promoter to sell up to 2.9% stake via block deal: Report

Torrent Pharmaceuticals Ltd. is likely to be in focus today as promoter entity Torrent Investments has announced plans to sell up to a 2.9% stake in the company through a block deal. This information ...

18 days ago - Business Upturn

Torrent Pharmaceuticals shares in focus as Q2 profit rises 17.4% to ₹453 crore

Torrent Pharmaceuticals has attracted attention after reporting a 17.4% increase in net profit for the second quarter, rising to ₹453 crore. The company’s revenue grew by 8.6%, reaching ₹2,889 crore, ...

20 days ago - Business Upturn

Torrent counters faulty drug claim

Torrent Pharmaceuticals Limited strongly denies allegations regarding its Shelcal 500 product, claiming the seized sample is counterfeit and not produced by them. The company has implemented anti-coun...

7 weeks ago - The Times of India

Torrent Pharma announces US FDA’s inspection conclusion at Madhya Pradesh facility, shares surge over 2%

Torrent Pharmaceuticals announced that the United States Food & Drug Administration (USFDA) conducted a routine GMP inspection at its formulation manufacturing facility in Pithampur, Madhya Pradesh, b...

2 months ago - Business Upturn

Torrent Pharma shares surge around 2% after USFDA inspection closure

Torrent Pharmaceuticals (TORNTPHARM) saw its shares increase by 1.96%, trading at ₹3,502.00 at 10:21 AM on the NSE. The stock’s upward movement follows the company’s announcement that its Indrad manuf...

2 months ago - Business Upturn

Torrent Pharma’s Indrad facility receives USFDA EIR with VAI Classification

Torrent Pharmaceuticals has announced that its manufacturing facility in Indrad, Gujarat, has received an Establishment Inspection Report (EIR) from the US Food and Drug Administration (USFDA), with a...

2 months ago - Business Upturn

Torrent Is Said to Seek Raising $3 Billion for KKR’s Stake in JB

Torrent Pharmaceuticals Ltd. is considering raising as much as $3 billion from global banks as the Indian drugmaker seeks to acquire a controlling stake in JB Chemicals & Pharmaceuticals Ltd., accordi...

3 months ago - BNN Bloomberg