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Glenmark Pharmaceuticals Ltd spurts 1.04%, up for third straight session

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Capital Market

Glenmark Pharmaceuticals Ltd is quoting at Rs 387.15, up 1.04% on the day as on 12:54 IST on the NSE. The stock is down 41.84% in last one year as compared to a 6.58% fall in NIFTY and a 23.35% fall in the Nifty Pharma index.

Glenmark Pharmaceuticals Ltd rose for a third straight session today. The stock is quoting at Rs 387.15, up 1.04% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is down around 0.33% on the day, quoting at 10911.65. The Sensex is at 36952.74, down 0.31%. Glenmark Pharmaceuticals Ltd has dropped around 9.13% in last one month.

 

Meanwhile, Nifty Pharma index of which Glenmark Pharmaceuticals Ltd is a constituent, has dropped around 0.28% in last one month and is currently quoting at 7912.5, up 0.66% on the day. The volume in the stock stood at 7.02 lakh shares today, compared to the daily average of 13.99 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 385.2, up 0.89% on the day. Glenmark Pharmaceuticals Ltd is down 41.84% in last one year as compared to a 6.58% fall in NIFTY and a 23.35% fall in the Nifty Pharma index.

The PE of the stock is 9.15 based on TTM earnings ending June 19.

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First Published: Aug 30 2019 | 1:05 PM IST

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