Hot Pursuit     08-Feb-16
AstraZeneca Pharma India surges after turnaround Q3 result
AstraZeneca Pharma India gained 5.8% to Rs 1,230 at 12:11 IST on BSE after the company reported net profit of Rs 8.67 crore in Q3 December 2015 as compared with net loss of Rs 13.41 crore in Q3 December 2014.
The result was announced on Saturday, 6 February 2016.

Meanwhile, the S&P BSE Sensex was up 4.63 points or 0.02% at 24,621.60

On BSE, so far 11,972 shares were traded in the counter as against average daily volume of 5,751 shares in the past one quarter. The stock hit a high of Rs 1,245.75 and a low of Rs 1,181 so far during the day. The stock had hit a 52-week low of Rs 796.05 on 27 February 2015. The stock had hit a 52-week high of Rs 1,348 on 12 January 2016. The stock had underperformed the market over the past one month till 5 February 2016, sliding 6.06% compared with 3.77% decline in the Sensex. The scrip, however, outperformed the market in past one quarter, falling 0.09% as against Sensex's 6.41% fall.

The small-cap company has equity capital of Rs 5 crore. Face value per share is Rs 2.

AstraZeneca Pharma India's net sales rose 33.7% to Rs 144.56 crore in Q3 December 2015 over Q3 December 2014.

AstraZeneca Pharma India is present in seven crucial areas of healthcare - Cardiovascular, Diabetes, Oncology, Respiratory & Inflammation, Infection, Local Anesthesia and Maternal Healthcare.

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