The stock recorded its sharpest intra-day fall since August 19, 2009
The stock was trading at Rs 905, up 1.58 per cent from its previous close on BSE
The companies will file for product approval in FY19
Approvals to launch drugs in US, rebound in domestic growth, debt reduction key for upgrades
The firm is expecting a strong growth in its US business in the second half of the year.
Glenmark's current portfolio consists of 109 products authorised for distribution in the US and 62 ANDA's pending approval with the US FDA
The company had reported a net profit after tax, minority interest and share of profit of associates of Rs 182.94 crore