iol chemical share price: Stock market news: IOL Chemicals shares trade flat in early session

NEW DELHI: Shares of IOL Chemicals and Pharmaceuticals Ltd. traded 0.25 per cent up in Thursday’s trade at 12:00PM (IST). Around 41,505 shares changed hands on the counter.

The stock opened at Rs 820 and touched an intraday high and low of Rs 846.65 and Rs 814.15, respectively, in the session so far. The stock of IOL Chemicals and Pharmaceuticals Ltd. quoted a 52-week high of Rs 898.4 and a 52-week low of Rs 147.35.

Total market cap of the IOL Chemicals and Pharmaceuticals Ltd. stood at Rs 4849.07 crore at the time of writing this report.

Key Financials

The company reported consolidated sales of Rs 460.11 crore for the quarter ended 30-Jun-2020, up 4.22 per cent from previous quarter’s Rs 441.46 crore and up 6.63 per cent from the year-ago quarter’s Rs 492.8 crore.

The net profit for latest quarter stood at Rs 127.54 crore, up 49.48 per cent from the same quarter a year ago.

Shareholding pattern

As of 30-Jun-2020, DIIs held 0.02 per cent stake in the firm, while foreign institutional investors held 6.47 per cent and the promoters 43.69 per cent.

Valuation ratio

According to BSE data, the stock traded at a price-to-earnings multiple of 12.02 and a price-to-book ratio of 2.28. 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.

IOL Chemicals and Pharmaceuticals Ltd. belongs to the Pharma – Indian industry.

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