Will Glenmark shares go up?
If this Munafa value is near or nearing 100, then this stock might show an upward movement….Munafa value: 50 as on 27 Mon Jun 2022.
Upside target | 394.27 |
---|---|
Upside target | 387.17 |
Downside target | 382.93 |
Downside target | 381.47 |
Downside target | 380.07 |
Is Glenmark giving a dividend?
For the year ending March 2022 Glenmark Pharma has declared an equity dividend of 250.00% amounting to Rs 2.5 per share.
Is Glenmark publicly traded?
By 2008 Glenmark was the fifth-biggest pharmaceutical company in India….Glenmark Pharmaceuticals.
Type | Public |
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Traded as | BSE: 532296 NSE: GLENMARK |
ISIN | INE935A01035 |
Industry | Pharmaceuticals |
Founded | 1977 |
Is Glenmark a good buy?
Glenmark Pharmaceuticals Ltd is quoting at Rs 470.85, up 2.3% on the day as on 12:54 IST on the NSE. The stock is down 7.25% in last one year as compared to a 22.63% jump in NIFTY and a 10.4% jump in the Nifty Pharma index.
Is Glenmark a good investment?
with a target price of Rs 560. The current price of Glenmark Pharmaceuticals is Rs 532.45. Yes Securities recommends to keep a stoploss at Rs 513. Glenmark Pharmaceuticals Ltd., incorporated in the year 1977, is a mid-cap company (with a market cap of Rs 14826.53 crore) operating in pharmaceuticals sector.
How much dividend does Tata Motors pay?
PREMARKET
Dividends Declared | ||
---|---|---|
Announcement Date | Effective Date | Remarks |
30/05/2016 | 18/07/2016 | Rs.0.2000 per share(10%)Dividend |
29/05/2014 | 09/07/2014 | Rs.2.0000 per share(100%)Dividend |
29/05/2013 | 30/07/2013 | Rs.2.0000 per share(100%)Dividend |
Who is owner of Glenmark?
Which is the No 1 pharmaceutical company in India?
By market capitalization
Rank | Company | Market capitalization (January 2022) |
---|---|---|
1 | Sun Pharma | ₹198,484 crore (US$26 billion) |
2 | Divi’s Laboratories | ₹104,642 crore (US$14 billion) |
3 | Cipla | ₹75,206 crore (US$9.9 billion) |
4 | Dr. Reddy’s Laboratories | ₹70,193 crore (US$9.2 billion) |
What is the price of Glenmark IPO?
Glenmark Life Sciences, a developer and manufacturer of active pharmaceutical ingredients (APIs), had priced its IPO between Rs 695 and Rs 720 per equity share. A wholly-owned subsidiary of Glenmark Pharma, Glenmark Life’s IPO comprised a fresh issue of Rs 1,060 crore and an offer for sale worth Rs 453.6 crore.
List of 17 Best Pharma Stocks to Buy In India
Sr. No. | Company Name | Rating |
---|---|---|
1 | Sun Pharmaceutical Industries Ltd. | 2 |
2 | Dr. Reddys Laboratories Ltd. | 1 |
3 | Divis Laboratories Ltd. | 4 |
4 | Cipla Ltd. | 1 |
Is Glenmark undervalued?
GLENMARK is one of the potential top 23% undervalued companies !
Is Glenmark debt free?
What Is Glenmark Pharmaceuticals’s Net Debt? You can click the graphic below for the historical numbers, but it shows that as of September 2021 Glenmark Pharmaceuticals had ₹35.9b of debt, an increase on ₹29.6b, over one year. On the flip side, it has ₹14.3b in cash leading to net debt of about ₹21.6b.
Is Glenmark IPO good for long term investment?
Vinit Bolinjkar, Head of Research, Ventura Securities, also recommends subscribing to the Glenmark Life IPO for long-term investing. “Our target price of Rs 1,039 (18x FY24 earnings) represents a potential upside of 44 percent from the offer price of Rs 720 over a period of 18-24 months,” he said.
Should I invest in Glenmark IPO?
Glenmark Pharma has been a listed stock for over 20 years and has a reputation for delivering solid long term returns. The Glenmark Life Sciences IPO provides an opportunity to participate in the high-growth API segment, which is expected to grow at 8.5% CAGR over next 5 years.
Why is Glenmark Pharma falling?
Glenmark Pharmaceuticals share price fell over 3 percent intraday to Rs 516.45 on November 16 after foreign broking house Morgan Stanley kept “underweight” rating on the stock with the target at Rs 554.