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Glenmark Pharmaceuticals Ltd rose for a third straight session today
17-May-18   13:05 Hrs IST

Glenmark Pharmaceuticals Ltd rose for a third straight session today. The stock is quoting at Rs 528.8, up 2.05% on the day as on 12:59 IST on the NSE. The benchmark NIFTY is down around 0.28% on the day, quoting at 10711.55. The Sensex is at 35281.34, down 0.3%. Glenmark Pharmaceuticals Ltd has dropped around 6.71% in last one month.

Meanwhile, Nifty Pharma index of which Glenmark Pharmaceuticals Ltd is a constituent, has dropped around 4.59% in last one month and is currently quoting at 8399.1, down 0.15% on the day. The volume in the stock stood at 3.6 lakh shares today, compared to the daily average of 6.01 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 529.4, up 1.98% on the day. Glenmark Pharmaceuticals Ltd is down 21.63% in last one year as compared to a 13.6% gain in NIFTY and a 17.46% gain in the Nifty Pharma index.

The PE of the stock is 11.47 based on TTM earnings ending December 17.

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