{"id":102705,"date":"2023-05-11T17:41:00","date_gmt":"2023-05-11T12:11:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=102705"},"modified":"2023-05-11T17:39:28","modified_gmt":"2023-05-11T12:09:28","slug":"pharma-stock-hits-20-upper-circuit-after-companys-net-profit-increases-by-174-qoq","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/pharma-stock-hits-20-upper-circuit-after-companys-net-profit-increases-by-174-qoq\/","title":{"rendered":"Pharma stock hits 20% upper circuit after company&#8217;s net profit increases by 174%\u00a0QoQ"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2151442499\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Stocks of Neuland Laboratories Limited started its trading session at a price of Rs 2,110.15. The stock remained flat during the first trading half, but, during the last couple of hours, the scrip saw a sharp increase in its stock prices and closed at a price of Rs 2,538.30, which also marked the new 52-week high figure for the company.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3354916930\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>The sudden spike in the share prices is witnessed after the company, through a regulatory filing with the BSE, announced its Q4 as well as annual results for FY22-23. Details of the same have been shared later on in the piece.&nbsp;<\/p><p><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/NEULANDLAB\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Neuland Laboratories Limited<\/a><\/strong> is involved in the process of manufacturing active pharmaceutical ingredients (APIs) and also provides end-to-end solutions for the chemistry needs in the pharmaceutical industry. The company derives a majority of its revenue from the European segment.\u00a0<\/p><p>Having a walkthrough of the consolidated financials reported, the company, on a QoQ basis, has increased its operating revenues from Rs 269 crores in Q3 v\/s Rs 407 crores in Q4. Moreover, the net profits, during the same period, have moved up from Rs 31 crores to Rs 85 crores exhibiting an increase of 174 percent.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-1641013092\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Having a yearly comparison of the above-mentioned parameters, the operating revenues took a shift from Rs 951 crores during FY21-22 to Rs 1,191 crores in FY22-23 and net profits, in congruence with the pattern, moved from Rs 64 crores to Rs 164 crores in the same time horizon.&nbsp;<\/p><p>The profitability metrics of the company such as the return on equity (ROE) and return on capital employed (ROCE) have gone down in recent financial years with the former reducing from 10.79 percent during FY20-21 to 7.85 percent in FY21-22 and the latter moving down from 12.81 percent to 9.44 percent keeping the timeframe the same.&nbsp;<\/p><p>Adding onto the concerns, the debt-to-equity ratio of the company, though within the desired levels, has increased from 0.22 in FY20-21 to 0.28 in FY21-22.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Amit Madnani<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer.png\" alt=\"\" class=\"wp-image-26306\" width=\"256\" height=\"256\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-3009543162\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Stocks of Neuland Laboratories Limited started its trading session at a price of Rs 2,110.15. The stock remained flat during the first trading half, but, during the last couple of hours, the scrip saw a sharp increase in its stock prices and closed at a price of Rs 2,538.30, which also marked the new 52-week [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":13572,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[9099,9100,9098,5890,948,936,6127,9101],"class_list":["post-102705","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-neuland-laboratories-latest-news","tag-neuland-laboratories-q4-results-2023","tag-neuland-laboratories-share-price","tag-pharma-stocks-latest-news","tag-stock-market","tag-stock-market-news","tag-stocks-that-hit-20-upper-circuit-today","tag-why-is-neuland-laboratories-going-up"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Pharma stock hits 20% upper circuit after company&#039;s net profit increases by 174%\u00a0QoQ - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"Stocks of the company started its trading session at a price of Rs 2,110.15. The stock remained flat during the first trading half, but, during the last couple of hours, the scrip saw a sharp increase in its stock prices and closed at a price of Rs 2,538.30, which also marked the new 52-week high figure for the company.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/?p=102705\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Pharma stock hits 20% upper circuit after company&#039;s net profit increases by 174%\u00a0QoQ\" \/>\n<meta property=\"og:description\" content=\"Stocks of the company started its trading session at a price of Rs 2,110.15. 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