GLENMARK PHARMA share price has Zoomed 5% and is presently trading at Rs 596.
Meanwhile, the BSE HEALTHCARE Index is at 13,794 (Up 2.2%).
Among the top Gainers in the BSE HEALTHCARE Index today are GLENMARK PHARMA (up 5.49%) and LUPIN LTD (up 5.62%).
SHILPA MEDICARE (down 0.05%) and LAURUS LABS LTD (down 0.09%) are among the top losers today.
Over the last one year, GLENMARK PHARMA has moved down from Rs 637 to Rs 596, registering a loss of Rs 42 (down 6.51%)
On the other hand, the BSE HEALTHCARE has moved down from 14,264 to 13,794, loss of 470 points (down 3.35%) during the last 12 months.
The top gainers among the BSE HEALTHCARE Index stocks during this same period were BIOCON LTD (up 79.41%), DIVIS LABORATORIES (up 63.86%) and PFIZER (up 57.06%).
Access Now: Eight Steps to Your Eight Figure Fortune
The BSE Sensex is at 35,726 (up 0.57%).
The top gainers among the BSE Sensex stocks today are DR. REDDYS LAB (up 4.67%), SBI (up 2.21%) and TCS (up 1.51%). Other gainers include SUN PHARMA (up 1.42%) and INDUSIND BANK (up 1.34%). The most traded stocks in the BSE Sensex are ADANI PORTS & SEZ and SBI.
In the meantime, NSE Nifty is at 10,856 (up 0.42%). LUPIN LTD (up 5.13%) and SBI (up 2.03%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 31,096 to 35,726, registering a gain of 4,630 points (up 14.76%).
GLENMARK PHARMA net profit grew 44.8% YoY to Rs 2 billion for the quarter ended March 2018, compared to a profit of Rs 1 billion a year ago. Net Sales rose 103.5% to Rs 22.8 billion during the period as against Rs 22.0 billion in January-March 2017.
For the year ended March 2017, GLENMARK PHARMA reported 60.1% increase in net profit to Rs 11.9 billion compared to net profit of Rs 7.4 billion during FY16.
Revenue of the company grew 20.1% to Rs 92 billion during FY17.
The current Price to earnings ratio of GLENMARK PHARMA, based on rolling 12 month earnings, stands at 20.9x. p >
What else is happening in the markets today? Dig in...
Indian share markets witnessed huge buying interest during the extended closing hours today and ended their day on a strong note.
The BSE Sensex is trading up by 477 points, while the NSE Nifty is trading up by 135 points.
SIEMENS share price has hit an all time high at Rs 1,922 (up 1.7%). The BSE CAPITAL GOODS Index is up by 0.5%. Among the top gainers in the BSE CAPITAL GOODS Index today are SIEMENS (up 1.7%) and HONEYWELL AUTOMATION (up 1.9%). The top losers include HAVELLS INDIA (down 0.2%) and GRAPHITE INDIA (down 0.2%).
MUTHOOT FINANCE share price is trading down by 6% and its current market price is Rs 1,315. The BSE 500 is up by 0.5%. The top gainers in the BSE 500 Index are INDIAN OVERSEAS BANK (up 10.0%) and BANK OF MAHARASHTRA (up 10.0%). The top losers are MUTHOOT FINANCE (down 5.8%) and HIMADRI SPECIALITY CHEMICAL (down 5.4%).
ZENSAR TECHNOLOGIES share price has hit a 52-week high. It is presently trading at Rs 282. BSE 500 Index is up by 0.5% at 19,684. Within the BSE 500, ZENSAR TECHNOLOGIES (up 5.3%) and NAVA BHARAT VENTURES (up 11.2%) are among the top gainers, while top losers are MAGMA FINCORP and RELIANCE POWER.
BSE Sensex is trading up by 226 points, while the NSE Nifty is trading up by 113 points.
View More Indian Share Market NewsIn this video, I'll cover your queries on intraday trading and also share my view on how to decide stop losses and target prices.
This is first of the three part master series. In these editorials, I'll show you how to earn 10X returns from a penny stock portfolio over 10 years.
A look at what India's top equity mutual funds bought and sold in January 2021.
Do you enjoy reading Tesla and Bitcoin stories? Here's a not so famous small-cap stock to profit from the rise of EVs.
More
Equitymaster requests your view! Post a comment on "GLENMARK PHARMA surges by 5%; BSE HEALTHCARE Index Up 2.2%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!