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Glenmark Pharmaceuticals Ltd spurts 3.27%

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Capital Market

Glenmark Pharmaceuticals Ltd is quoting at Rs 363.5, up 3.27% on the day as on 12:49 IST on the NSE. The stock is down 43.24% in last one year as compared to a 13.27% spurt in NIFTY and a 4.44% spurt in the Nifty Pharma index.

Glenmark Pharmaceuticals Ltd is up for a third straight session in a row. The stock is quoting at Rs 363.5, up 3.27% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.01% on the day, quoting at 12354.15. The Sensex is at 41945.16, up 0.03%. Glenmark Pharmaceuticals Ltd has risen around 2.74% in last one month.

 

Meanwhile, Nifty Pharma index of which Glenmark Pharmaceuticals Ltd is a constituent, has risen around 2.63% in last one month and is currently quoting at 8203.1, up 1.23% on the day. The volume in the stock stood at 30.02 lakh shares today, compared to the daily average of 13.24 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 365.8, up 3.45% on the day. Glenmark Pharmaceuticals Ltd is down 43.24% in last one year as compared to a 13.27% spurt in NIFTY and a 4.44% spurt in the Nifty Pharma index.

The PE of the stock is 8.73 based on TTM earnings ending September 19.

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First Published: Jan 17 2020 | 1:05 PM IST

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