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Glenmark Pharmaceuticals Ltd spurts 4.6%, gains for fifth straight session
06-Nov-18   13:00 Hrs IST

Glenmark Pharmaceuticals Ltd is up for a fifth straight session today. The stock is quoting at Rs 660, up 4.6% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.39% on the day, quoting at 10565.2. The Sensex is at 35135.51, up 0.53%. Glenmark Pharmaceuticals Ltd has gained around 10.52% in last one month.

Meanwhile, Nifty Pharma index of which Glenmark Pharmaceuticals Ltd is a constituent, has gained around 0.38% in last one month and is currently quoting at 9460.5, up 0.1% on the day. The volume in the stock stood at 14.62 lakh shares today, compared to the daily average of 7.1 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 663, up 4.98% on the day. Glenmark Pharmaceuticals Ltd is up 9.55% in last one year as compared to a 2.08% jump in NIFTY and a 0% jump in the Nifty Pharma index.

The PE of the stock is 15.57 based on TTM earnings ending June 18.

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