Torrent Pharmaceuticals Ltd fell for a fifth straight session today. The stock is quoting at Rs 2336.8, down 0.06% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is up around 1.3% on the day, quoting at 10565.95. The Sensex is at 35879.52, up 1.31%.Torrent Pharmaceuticals Ltd has gained around 1.26% in last one month.Meanwhile, Nifty Pharma index of which Torrent Pharmaceuticals Ltd is a constituent, has increased around 0.35% in last one month and is currently quoting at 9882.85, up 0.16% on the day. The volume in the stock stood at 2.22 lakh shares today, compared to the daily average of 5.98 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 2340, down 0.19% on the day. Torrent Pharmaceuticals Ltd jumped 50.48% in last one year as compared to a 11.34% slide in NIFTY and a 22.33% spurt in the Nifty Pharma index.

The PE of the stock is 42.15 based on TTM earnings ending March 20.

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Torrent Pharma announced that the Secured Redeemable Non-ConvertibleDebentures (NCDs) of Rs. 83 crore issued under ISIN: INE685A07041 has been redeemed and repaid by the Company on 24 June 2020.

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Net profit of Torrent Pharmaceuticals reported to Rs 314.00 crore in the quarter ended March 2020 as against net loss of Rs 152.00 crore during the previous quarter ended March 2019. Sales rose 4.94% to Rs 1912.00 crore in the quarter ended March 2020 as against Rs 1822.00 crore during the previous quarter ended March 2019.

For the full year,net profit rose 135.09% to Rs 1025.00 crore in the year ended March 2020 as against Rs 436.00 crore during the previous year ended March 2019. Sales rose 4.26% to Rs 7780.00 crore in the year ended March 2020 as against Rs 7462.00 crore during the previous year ended March 2019.

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Torrent Pharmaceuticals will hold a meeting of the Board of Directors of the Company on 26 May 2020.

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