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    Trending stocks: Sanofi India shares up over 1%

    Synopsis

    A total of 330 shares changed hands on the counter till 10:50AM (IST).

    sanofi_reutersReuters
    Total market cap of the Sanofi India Ltd. stood at Rs 17351.16 crore at the time of writing this report. 
    NEW DELHI: Shares of Sanofi India traded 1.08 per cent up in Wednesday's trade at 10:50AM (IST). Around 330 shares changed hands on the counter.

    The scrip opened at Rs 7552.0 and touched an intraday high and low of Rs 7570.0 and Rs 7494.35, respectively, in the session so far. The stock of Sanofi India Ltd. quoted a 52-week high of Rs 8528.45 and a 52-week low of Rs 5300.0.

    Total market cap of the Sanofi India Ltd. stood at Rs 17351.16 crore at the time of writing this report.

    Key Financials
    The company reported consolidated net sales of Rs 784.5 crore for the quarter ended 31-Mar-2020, down 5.06 per cent from previous quarter's Rs 826.3 crore and down 9.37 per cent from the year-ago quarter's Rs 717.3 crore.

    The net profit for latest quarter stood at Rs 85.4 crore, down 8.07 per cent from the corresponding quarter last year.

    Shareholding pattern
    As of 31-Mar-2020, DIIs held 14.05 per cent stake in the firm, while foreign institutional investors held 12.17 per cent and the promoters 0.0 per cent.


    Valuation ratio
    According to BSE data, the stock traded at a price-to-earnings multiple of 42.66 and a price-to-book ratio of 7.09. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

    Sanofi India Ltd. belongs to the Pharma - MNC industry.



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    Download The Economic Times News App to get Daily Market Updates & Live Business News.

    Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

    Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

    ...more
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