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Healthcare stocks slide

Healthcare stocks were trading with losses, with the S&P BSE Healthcare index decreasing 231.33 points or 0.98% at 23450.54 at 13:48 IST. Among the components of the S&P BSE Healthcare index, Suven Life Sciences Ltd (down 6.98%), Morepen Laboratories Ltd (down 4.95%),Vimta Labs Ltd (down 3.37%),Glenmark Pharmaceuticals Ltd (down 3.27%),Healthcare Global Enterprises Ltd (down 3.09%), were the top losers. Among the other losers were Gufic BioSciences Ltd (down 3.01%), Cipla Ltd (down 2.86%), Marksans Pharma Ltd (down 2.34%), Fortis Healthcare Ltd (down 2.28%), and Lincoln Pharmaceuticals Ltd (down 2.18%). On the other hand, Alembic Ltd (up 8.54%), Caplin Point Laboratories Ltd (up 3.17%), and Laurus Labs Ltd (up 2.67%) turned up. At 13:48 IST, the S&P BSE Sensex was down 86.09 or 0.18% at 48632.43.

Healthcare Global Enterprises Ltd Surges 4 7%

Healthcare Global Enterprises Ltd has lost 0.83% over last one month compared to 10.07% gain in S&P BSE Healthcare index and 3.78% drop in the SENSEX Healthcare Global Enterprises Ltd gained 4.7% today to trade at Rs 185.05. The S&P BSE Healthcare index is up 0.7% to quote at 23696.35. The index is up 10.07 % over last one month. Among the other constituents of the index, Morepen Laboratories Ltd increased 4.36% and Indraprastha Medical Corporation Ltd added 3.45% on the day. The S&P BSE Healthcare index went up 54.55 % over last one year compared to the 42.78% surge in benchmark SENSEX. Healthcare Global Enterprises Ltd has lost 0.83% over last one month compared to 10.07% gain in S&P BSE Healthcare index and 3.78% drop in the SENSEX. On the BSE, 188 shares were traded in the counter so far compared with average daily volumes of 8989 shares in the past one month. The stock hit a record high of Rs 194.95 on 23 Apr 2021. The stock hit a 52-week low of Rs 68.5 on 30 Apr 2020.

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