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Glenmark Pharmaceuticals Ltd soars 2.51%, rises for third straight session

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Capital Market
Last Updated : Jul 08 2022 | 1:31 PM IST

Glenmark Pharmaceuticals Ltd is quoting at Rs 400.2, up 2.51% on the day as on 12:49 IST on the NSE. The stock is down 39.85% in last one year as compared to a 3.28% jump in NIFTY and a 13.31% jump in the Nifty Metal index.

Glenmark Pharmaceuticals Ltd is up for a third straight session today. The stock is quoting at Rs 400.2, up 2.51% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.44% on the day, quoting at 16204.3. The Sensex is at 54436.06, up 0.48%. Glenmark Pharmaceuticals Ltd has gained around 1.16% in last one month.

Meanwhile, Nifty Metal index of which Glenmark Pharmaceuticals Ltd is a constituent, has gained around 0.14% in last one month and is currently quoting at 12389.7, up 0.48% on the day. The volume in the stock stood at 3.96 lakh shares today, compared to the daily average of 6.91 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 395.7, up 0.94% on the day. Glenmark Pharmaceuticals Ltd is down 39.85% in last one year as compared to a 3.28% jump in NIFTY and a 13.31% jump in the Nifty Metal index.

The PE of the stock is 6.7 based on TTM earnings ending March 22.

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First Published: Jul 08 2022 | 1:05 PM IST

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