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Glenmark Pharmaceuticals Ltd adds further gains

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Glenmark Pharmaceuticals Ltd is quoting at Rs 411.8, up 1.52% on the day as on 12:54 IST on the NSE. The stock is down 20.39% in last one year as compared to a 13.78% fall in NIFTY and a 24.94% fall in the Nifty Pharma index.

Glenmark Pharmaceuticals Ltd rose for a third straight session today. The stock is quoting at Rs 411.8, up 1.52% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 1.09% on the day, quoting at 10201.35. The Sensex is at 34567, up 1.05%. Glenmark Pharmaceuticals Ltd has added around 19.81% in last one month.

 

Meanwhile, Nifty Pharma index of which Glenmark Pharmaceuticals Ltd is a constituent, has added around 6.08% in last one month and is currently quoting at 9975.3, up 0.56% on the day. The volume in the stock stood at 36.43 lakh shares today, compared to the daily average of 46.9 lakh shares in last one month.

The benchmark June futures contract for the stock is quoting at Rs 412.25, up 1.4% on the day. Glenmark Pharmaceuticals Ltd is down 20.39% in last one year as compared to a 13.78% fall in NIFTY and a 24.94% fall in the Nifty Pharma index.

The PE of the stock is 8.89 based on TTM earnings ending December 19.

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First Published: Jun 19 2020 | 1:05 PM IST

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