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By Malvika Gurung
Investing.com — Shares of the pharmaceutical firm Dishman Carbogen Amcis (NS:) plunged 20% to Rs 119.7 apiece, recording a recent 52-week low on Wednesday after the agency posted a bleak earnings report for the March ending quarter.
The corporate’s internet loss shrank 67% on a YoY foundation to Rs 44.62 crore within the March quarter, nevertheless, plunged 226.12% sequentially. Equally, despite the fact that its whole revenue on a YoY foundation rose 7.1% to Rs 573.36 crore, it fell 1.3% on a QoQ foundation.
Shares of the small-cap pharma firm have declined virtually 40% on a year-to-date foundation and have eroded over 50% of their worth from Rs 259.5, its 52-week excessive.
Nevertheless, in FY22, the corporate’s internet revenue has rallied 110.91% YoY to Rs 18 crore, whereas whole revenue within the 12 months has surged 12% YoY to Rs 2,184.1 crore.
Ace buyers Rakesh Jhunjhunwala, Mukul Agrawal and the Large Bull’s spouse Rekha Jhunjhunwala maintain vital stakes in Dishman Carbogen Amcis, as per the corporate’s newest shareholding sample.
As of March 31, 2022,
- Rakesh Jhunjhunwala and his spouse held a 3.2% stake, and
- Mukul Mahavir Agrawal held a 3.3% stake in Dishman Carbogen Amcis
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