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Glenmark Pharmaceuticals Ltd stays slippery

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Capital Market
Last Updated : Oct 21 2021 | 1:50 PM IST

Glenmark Pharmaceuticals Ltd is quoting at Rs 496.3, down 1.9% on the day as on 13:24 IST on the NSE. The stock jumped 1.88% in last one year as compared to a 52.37% rally in NIFTY and a 21.48% spurt in the Nifty Pharma index.

Glenmark Pharmaceuticals Ltd fell for a fifth straight session today. The stock is quoting at Rs 496.3, down 1.9% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 0.77% on the day, quoting at 18126.15. The Sensex is at 60768.2, down 0.8%.Glenmark Pharmaceuticals Ltd has eased around 3.06% in last one month.Meanwhile, Nifty Pharma index of which Glenmark Pharmaceuticals Ltd is a constituent, has eased around 2.15% in last one month and is currently quoting at 14177.35, down 1.07% on the day. The volume in the stock stood at 7.27 lakh shares today, compared to the daily average of 12.34 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 497.15, down 2.05% on the day. Glenmark Pharmaceuticals Ltd jumped 1.88% in last one year as compared to a 52.37% rally in NIFTY and a 21.48% spurt in the Nifty Pharma index.

The PE of the stock is 8.72 based on TTM earnings ending June 21.

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First Published: Oct 21 2021 | 1:35 PM IST

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