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Glenmark Pharmaceuticals Ltd spurts 0.86%, rises for fifth straight session

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Capital Market

Glenmark Pharmaceuticals Ltd is quoting at Rs 421.5, up 0.86% on the day as on 12:44 IST on the NSE. The stock is down 19.47% in last one year as compared to a 0.6% spurt in NIFTY and a 3.05% spurt in the Nifty Metal.

Glenmark Pharmaceuticals Ltd gained for a fifth straight session today. The stock is quoting at Rs 421.5, up 0.86% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.32% on the day, quoting at 18024.15. The Sensex is at 60726.63, down 0.29%. Glenmark Pharmaceuticals Ltd has risen around 4.31% in last one month.

 

Meanwhile, Nifty Metal index of which Glenmark Pharmaceuticals Ltd is a constituent, has risen around 2.19% in last one month and is currently quoting at 13556.9, down 0.25% on the day. The volume in the stock stood at 9 lakh shares today, compared to the daily average of 10.12 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 424, up 0.77% on the day. Glenmark Pharmaceuticals Ltd is down 19.47% in last one year as compared to a 0.6% spurt in NIFTY and a 3.05% spurt in the Nifty Metal index.

The PE of the stock is 7.23 based on TTM earnings ending June 22.

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First Published: Nov 03 2022 | 1:00 PM IST

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