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Glenmark Pharmaceuticals Ltd jumps around 1%

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Glenmark Pharmaceuticals Ltd is quoting at Rs 318.6, up 1.01% on the day as on 12:49 IST on the NSE. The stock is down 49.14% in last one year as compared to a 12.55% gain in NIFTY and a 16.8% gain in the Nifty Pharma index.

Glenmark Pharmaceuticals Ltd is up for a third straight session in a row. The stock is quoting at Rs 318.6, up 1.01% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0% on the day, quoting at 11876.9. The Sensex is at 40104.21, down 0.06%. Glenmark Pharmaceuticals Ltd has dropped around 0.3% in last one month.

Meanwhile, Nifty Pharma index of which Glenmark Pharmaceuticals Ltd is a constituent, has dropped around 6.46% in last one month and is currently quoting at 7878.15, up 0.84% on the day. The volume in the stock stood at 10.69 lakh shares today, compared to the daily average of 18.94 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 318.65, up 0.74% on the day. Glenmark Pharmaceuticals Ltd is down 49.14% in last one year as compared to a 12.55% gain in NIFTY and a 16.8% gain in the Nifty Pharma index.

The PE of the stock is 7.53 based on TTM earnings ending June 19.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, November 01 2019. 13:05 IST
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