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Glenmark Pharmaceuticals Ltd soars 2.66%, up for third straight session

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Capital Market

Glenmark Pharmaceuticals Ltd is quoting at Rs 433.85, up 2.66% on the day as on 12:49 IST on the NSE. The stock is down 10.65% in last one year as compared to a 3.27% jump in NIFTY and a 8.11% jump in the Nifty Metal index.

Glenmark Pharmaceuticals Ltd is up for a third straight session today. The stock is quoting at Rs 433.85, up 2.66% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.84% on the day, quoting at 17920.15. The Sensex is at 61017.72, up 0.97%. Glenmark Pharmaceuticals Ltd has gained around 3.27% in last one month.

 

Meanwhile, Nifty Metal index of which Glenmark Pharmaceuticals Ltd is a constituent, has gained around 3.05% in last one month and is currently quoting at 12268.1, up 0.04% on the day. The volume in the stock stood at 40.43 lakh shares today, compared to the daily average of 7.62 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 432.55, up 2.33% on the day. Glenmark Pharmaceuticals Ltd is down 10.65% in last one year as compared to a 3.27% jump in NIFTY and a 8.11% jump in the Nifty Metal index.

The PE of the stock is 8.32 based on TTM earnings ending December 22.

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First Published: Feb 14 2023 | 1:05 PM IST

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