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Glenmark Pharmaceuticals Ltd spurts 7.64%, gains for third straight session

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Glenmark Pharmaceuticals Ltd is quoting at Rs 342.5, up 7.64% on the day as on 12:54 IST on the NSE. The stock is down 46.18% in last one year as compared to a 20.66% fall in NIFTY and a 0.1% fall in the Nifty Pharma index.

Glenmark Pharmaceuticals Ltd is up for a third straight session in a row. The stock is quoting at Rs 342.5, up 7.64% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 1.26% on the day, quoting at 9303.2. The Sensex is at 31803.05, up 1.35%. Glenmark Pharmaceuticals Ltd has added around 79.7% in last one month.

 

Meanwhile, Nifty Pharma index of which Glenmark Pharmaceuticals Ltd is a constituent, has added around 43.22% in last one month and is currently quoting at 9377, up 0.97% on the day. The volume in the stock stood at 153.84 lakh shares today, compared to the daily average of 61.19 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 342.15, up 7.29% on the day. Glenmark Pharmaceuticals Ltd is down 46.18% in last one year as compared to a 20.66% fall in NIFTY and a 0.1% fall in the Nifty Pharma index.

The PE of the stock is 6.98 based on TTM earnings ending December 19.

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First Published: Apr 23 2020 | 1:05 PM IST

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