GLENMARK PHARMA share price has zoomed 10% and is presently trading at Rs 327.
Meanwhile, the BSE HEALTHCARE Index is at 15,099 (up 2.2%).
Among the top Gainers in the BSE HEALTHCARE Index today are GLENMARK PHARMA (up 9.8%) and ERIS LIFESCIENCES LIMITED (up 9.9%).
APOLLO HOSPITALS and LAURUS LABS LTD (down 1.4%) are among the top losers today.
Over the last one year, GLENMARK PHARMA has moved down from Rs 644 to Rs 327, registering a loss of Rs 317 (down 49.2%).
On the other hand, the BSE HEALTHCARE has moved up from 14,506 to 15,099, registering a gain of 593 points (up 4.0%) during the last 12 months.
The top gainers among the BSE HEALTHCARE Index stocks during this same period were ABBOTT INDIA (up 125.0%), IPCA LABS (up 66.8%) and ALKEM LABORATORIES (up 59.9%).
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The BSE Sensex is at 31,400 (up 2.1%).
The top gainers among the BSE Sensex stocks today are ULTRATECH CEMENT (up 3.9%), HDFC BANK (up 3.7%) and BHARTI AIRTEL (up 3.4%). Other gainers include INDUSIND BANK (up 3.1%) and ICICI BANK (up 3.1%). The most traded stocks in the BSE Sensex are L&T and M&M.
In the meantime, NSE Nifty is at 9,200 (up 1.8%). The top gainers in the NSE Nifty include UPL (up 5.4%), HINDALCO (up 5.1%) and SHREE CEMENT (up 4.3%). Other gainers include ICICI BANK (up 3.6%) and JSW STEEL (up 3.5%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved down from 38,906 to 31,400, registering a loss of 7,506 points (down 19.44%).
GLENMARK PHARMA net profit stood at Rs 2 billion for the quarter ended December 2019, compared to a profit of Rs 1 billion a year ago. Net Sales rose 7.1% to Rs 27.4 billion during the period as against Rs 25.6 billion in October-December 2018.
For the year ended March 2019, GLENMARK PHARMA reported 5.7% decrease in net profit to Rs 7.6 billion compared to net profit of Rs 8.0 billion during FY18.
Revenue of the company grew 8.4% to Rs 99 billion during FY19.
The current Price to earnings ratio of GLENMARK PHARMA, based on rolling 12 month earnings, stands at 12.9x. p >
What else is happening in the markets today? Dig in...
The market see-sawed during the week with both the bulls and bears swinging it out. But in the end, it was the bears who won. The Nifty ended the day, the week, and the month at 14,529.15.
Indian share markets end deep in the red with the Sensex down by 1,939 points and the Nifty ending down by 568 points.
ONGC share price is trading down by 7% and its current market price is Rs 118. The BSE OIL & GAS is down by 4.0%. The top gainers in the BSE OIL & GAS Index is CASTROL INDIA (up 1.3%). The top losers are ONGC (down 7.1%) and GAIL (down 6.3%).
ULTRATECH CEMENT share price is trading down by 5% and its current market price is Rs 6,487. The BSE 500 is down by 3.4%. The top gainers in the BSE 500 Index are SOUTH IND.BANK (up 10.4%) and JAGRAN PRAKASHAN (up 10.0%). The top losers are ULTRATECH CEMENT (down 5.0%) and BAJAJ FINSERV (down 6.3%).
JAGRAN PRAKASHAN share price is trading up by 10% and its current market price is Rs 60. The BSE 500 is down by 3.2%. The top gainers in the BSE 500 Index are JAGRAN PRAKASHAN (up 10.1%) and RCF (up 11.0%). The top losers are MAHINDRA CIE AUTO. and AJANTA PHARMA (down 0.1%).
UPL share price is trading down by 5% and its current market price is Rs 589. The BSE 500 is down by 3.2%. The top gainers in the BSE 500 Index are RCF (up 11.0%) and SOUTH IND.BANK (up 10.4%). The top losers are UPL (down 5.4%) and BAJAJ FINSERV (down 6.2%).
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