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Glenmark Pharmaceuticals Ltd jumps around 2%

Glenmark Pharmaceuticals Ltd is quoting at Rs 530, up 1.97% on the day as on 12:54 IST on the NSE. The stock is up 13.03% in last one year as compared to a 34.53% gain in NIFTY and a 14.62% gain in the Nifty Pharma index.

November 25, 2021 1:05 IST | capital market

Glenmark Pharmaceuticals Ltd rose for a third straight session today. The stock is quoting at Rs 530, up 1.97% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.32% on the day, quoting at 17470.9. The Sensex is at 58548.02, up 0.35%. Glenmark Pharmaceuticals Ltd has added around 4.35% in last one month.

Meanwhile, Nifty Pharma index of which Glenmark Pharmaceuticals Ltd is a constituent, has added around 3.18% in last one month and is currently quoting at 13408.1, up 0.88% on the day. The volume in the stock stood at 14.23 lakh shares today, compared to the daily average of 15.99 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 531.6, up 2.21% on the day. Glenmark Pharmaceuticals Ltd is up 13.03% in last one year as compared to a 34.53% gain in NIFTY and a 14.62% gain in the Nifty Pharma index.

The PE of the stock is 9.05 based on TTM earnings ending September 21.

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