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Glenmark shares gain; Oct-Dec earnings beat forecasts

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Reuters
Last Updated : Jan 27 2014 | 4:38 PM IST

Reuters Market Eye - Shares of Glenmark Pharmaceuticals surge 5 percent after the company reported better-than-expected earnings.

Glenmark Pharma reported a consolidated net profit of 2.16 billion rupees in the October-December quarter, compared with the mean consensus forecasts of 1.81 billion rupees, compiled by Thomson Reuters StarMine.

(Reporting by Dipika Lalwani)

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First Published: Jan 27 2014 | 4:25 PM IST

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