IOL Chemicals & Pharmaceuticals Ltd Share Price – NSE  / BSE

Pharmaceuticals, Small Cap

Allcargo Logistics Ltd, Angel One Ltd, GHCL Ltd and KEI Industries Ltd are among the other gainers in the BSE's 'A' group today, 20 August 2024.

IOL Chemicals & Pharmaceuticals Ltd surged 9.50% to Rs 438.2 at 11:46 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 45721 shares were traded on the counter so far as against the average daily volumes of 30507 shares in the past one month.

Allcargo Logistics Ltd soared 9.48% to Rs 67.35. The stock was the second biggest gainer in 'A' group. On the BSE, 31.11 lakh shares were traded on the counter so far as against the average daily volumes of 1.58 lakh shares in the past one month.

Angel One Ltd spiked 9.03% to Rs 2555.15. The stock was the third biggest gainer in 'A' group. On the BSE, 4 lakh shares were traded on the counter so far as against the average daily volumes of 57313 shares in the past one month.

GHCL Ltd spurt 8.77% to Rs 679.15. The stock was the fourth biggest gainer in 'A' group. On the BSE, 62522 shares were traded on the counter so far as against the average daily volumes of 67645 shares in the past one month.

KEI Industries Ltd jumped 8.24% to Rs 4727.4. The stock was the fifth biggest gainer in 'A' group. On the BSE, 63577 shares were traded on the counter so far as against the average daily volumes of 13115 shares in the past one month.

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Net profit of IOL Chemicals & Pharmaceuticals declined 34.65% to Rs 29.97 crore in the quarter ended June 2024 as against Rs 45.86 crore during the previous quarter ended June 2023. Sales declined 10.80% to Rs 502.38 crore in the quarter ended June 2024 as against Rs 563.18 crore during the previous quarter ended June 2023.

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IOL Chemicals & Pharmaceuticals will hold a meeting of the Board of Directors of the Company on 9 August 2024.

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The NMPA's green light paves the way for IOL Chemicals to export its Fenofibrate to the Chinese market. The drug is used to treat high cholesterol and triglyceride levels in the blood.

IOL Chemicals and Pharmaceuticals is a pharma API and speciality chemicals manufacturer. Its consolidated net profit declined 57.36% to Rs 27.62 crore on 14.18% fall in net sales to Rs 503.92 crore in Q4 March 2024 over Q4 March 2023.

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