Glenmark Pharmaceuticals Ltd is up for a third straight session today. The stock is quoting at Rs 2688.5, up 3.61% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.3% on the day, quoting at 24910.3. The Sensex is at 80789.18, down 0.26%. Glenmark Pharmaceuticals Ltd has gained around 17.76% in last one month.
Meanwhile, Nifty Pharma index of which Glenmark Pharmaceuticals Ltd is a constituent, has gained around 10.65% in last one month and is currently quoting at 28427.75, up 1.5% on the day. The volume in the stock stood at 11.97 lakh shares today, compared to the daily average of 8.27 lakh shares in last one month.
The benchmark November futures contract for the stock is quoting at Rs 2695.9, up 3.62% on the day. Glenmark Pharmaceuticals Ltd is up 46.92% in last one year as compared to a 2.6% slide in NIFTY and a 28.93% slide in the Nifty Pharma index.
The PE of the stock is 40.36 based on TTM earnings ending September 26.