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As on 02-Jun-2023  13:00

Glenmark Pharmaceuticals Ltd spurts 0.01%, gains for fifth straight session

Glenmark Pharmaceuticals Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 609.65, up 0.01% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.22% on the day, quoting at 18528.8. The Sensex is at 62565.81, up 0.22%. Glenmark Pharmaceuticals Ltd has added around 12.66% in last one month.

Meanwhile, Nifty Metal index of which Glenmark Pharmaceuticals Ltd is a constituent, has added around 1.93% in last one month and is currently quoting at 12812.8, up 0.13% on the day. The volume in the stock stood at 3.67 lakh shares today, compared to the daily average of 17.76 lakh shares in last one month.

The benchmark June futures contract for the stock is quoting at Rs 613.85, up 0.05% on the day. Glenmark Pharmaceuticals Ltd is up 56.66% in last one year as compared to a 11.72% gain in NIFTY and a 3.31% gain in the Nifty Metal index.

The PE of the stock is 10.85 based on TTM earnings ending March 23.

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