Pharma Stock Jump 9% as Profit Rises 44%; Can Its Animal Healthcare Recovery Sustain Margin Growth?
India, Nov. 5 -- Good underlying momentum in both operating segments and margin improvements helped deliver these results. However, will they be able to provide more stable profitability after the return to form in Animal Healthcare, which is vulnerable to government orders for vaccinations?
With a market capitalization of Rs. 2,075.68 crore, the shares of Hester Biosciences Ltd were trading at Rs. 2,440.00 per share, up 5.22% from its previous closing price of Rs. 2,318.85 apiece. The stock trades at a P/E of 15.2x on a consolidated basis. The stock went up an intraday high of Rs.2,526.00, up 8.93%
Animal Healthcare Emerges From a Weak First Quarter
Consolidated revenue from operations grew by 38% YoY to Rs.97.91 crore in Q2 of FY27 f...
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