Torrent Pharma shares gain 1.31% as Sensex rises – Economic Times

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Shares of Torrent Pharmaceuticals Ltd. traded 1.31 per cent up at Rs 3082.9 at 12:41PM (IST) on Wednesday, even as BSE benchmark Sensex gained 54.17 points to 59059.44. The stock had closed at Rs 3043.1 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 3226.05 and Rs 2311.3, respectively.

As per BSE data, total traded volume on the counter till 12:41PM (IST) stood at 12:41PM shares with turnover at Rs 0.46 crore.

At the prevailing price, shares of the company trades at 41.37 times its trailing 12-month EPS of Rs 74.52 per share and 7.37 times its price-to-book value, the exchange data showed.

A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. 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.

The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 0.49.

Shareholding Details
Promoters held 71.25 per cent stake in the company as of 30-Jun-2021, while FIIs owned 13.28 per cent and DIIs 6.79 per cent.

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