Glenmark Pharmaceuticals stays in winning mode

11 Mar 2022 , 01:00 PM

Glenmark Pharmaceuticals Ltd is up for a fifth straight session today. The stock is quoting at Rs 453.05, up 1.68% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.31% on the day, quoting at 16646.85. The Sensex is at 55616, up 0.27%. Glenmark Pharmaceuticals Ltd has slipped around 5.28% in last one month.

Meanwhile, Nifty Pharma index of which Glenmark Pharmaceuticals Ltd is a constituent, has slipped around 1.07% in last one month and is currently quoting at 13077.05, up 2.42% on the day. The volume in the stock stood at 6.07 lakh shares today, compared to the daily average of 8.6 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 453.9, up 1.42% on the day. Glenmark Pharmaceuticals Ltd is down 5.37% in last one year as compared to a 10.75% jump in NIFTY and a 9.93% jump in the Nifty Pharma index.

The PE of the stock is 7.12 based on TTM earnings ending December 21.

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