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Glenmark Pharmaceuticals Ltd jumps around 1%

Capital Market 

Glenmark Pharmaceuticals Ltd is quoting at Rs 319.55, up 1.08% on the day as on 12:44 IST on the NSE. The stock is down 51.4% in last one year as compared to a 12.93% spurt in NIFTY and a 16.74% spurt in the Nifty Pharma.

Glenmark Pharmaceuticals Ltd gained for a fifth straight session today. The stock is quoting at Rs 319.55, up 1.08% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.42% on the day, quoting at 11891.1. The Sensex is at 40133.8, down 0.42%. Glenmark Pharmaceuticals Ltd has risen around 11.89% in last one month.

Meanwhile, Nifty Pharma index of which Glenmark Pharmaceuticals Ltd is a constituent, has risen around 10.12% in last one month and is currently quoting at 7966.85, down 1.18% on the day. The volume in the stock stood at 6.86 lakh shares today, compared to the daily average of 19.21 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 320.5, up 0.91% on the day. Glenmark Pharmaceuticals Ltd is down 51.4% in last one year as compared to a 12.93% spurt in NIFTY and a 16.74% spurt in the Nifty Pharma index.

The PE of the stock is 7.54 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: Tue, November 05 2019. 13:00 IST
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