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Glenmark Pharmaceuticals Ltd stays supported

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Capital Market

Glenmark Pharmaceuticals Ltd is quoting at Rs 442.15, up 1.07% on the day as on 12:54 IST on the NSE. The stock is down 9.12% in last one year as compared to a 7.32% spurt in NIFTY and a 6.35% spurt in the Nifty Pharma index.

Glenmark Pharmaceuticals Ltd is up for a third straight session in a row. The stock is quoting at Rs 442.15, up 1.07% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 1.7% on the day, quoting at 16285. The Sensex is at 54444.92, up 1.91%. Glenmark Pharmaceuticals Ltd has dropped around 11.83% in last one month.

 

Meanwhile, Nifty Pharma index of which Glenmark Pharmaceuticals Ltd is a constituent, has dropped around 3.8% in last one month and is currently quoting at 12844.85, up 1.95% on the day. The volume in the stock stood at 6.07 lakh shares today, compared to the daily average of 8.81 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 443.95, up 0.96% on the day. Glenmark Pharmaceuticals Ltd is down 9.12% in last one year as compared to a 7.32% spurt in NIFTY and a 6.35% spurt in the Nifty Pharma index.

The PE of the stock is 6.99 based on TTM earnings ending December 21.

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First Published: Mar 09 2022 | 1:05 PM IST

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