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Glenmark Pharmaceuticals Ltd rises for third consecutive session

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The stock is quoting at Rs 621.5, up 2.19% on the day as on 12:49 IST on the NSE. Glenmark Pharmaceuticals Ltd is up 3.41% in last one year as compared to a 18.45% spurt in NIFTY and a 14.83% spurt in the Nifty Pharma index.

Glenmark Pharmaceuticals Ltd gained for a third straight session today. The stock is quoting at Rs 621.5, up 2.19% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.13% on the day, quoting at 11567.1. The Sensex is at 38305.89, up 0.07%. Glenmark Pharmaceuticals Ltd has risen around 10.16% in last one month.

 

Meanwhile, Nifty Pharma index of which Glenmark Pharmaceuticals Ltd is a constituent, has risen around 10.06% in last one month and is currently quoting at 9799.15, up 0.38% on the day. The volume in the stock stood at 9.53 lakh shares today, compared to the daily average of 6.99 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 622.5, up 1.88% on the day. Glenmark Pharmaceuticals Ltd is up 3.41% in last one year as compared to a 18.45% spurt in NIFTY and a 14.83% spurt in the Nifty Pharma index.

The PE of the stock is 15.03 based on TTM earnings ending June 18.

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First Published: Aug 21 2018 | 1:06 PM IST

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