Glenmark Pharmaceuticals Ltd dropped for a fifth straight session today. The stock is quoting at 529.5, down 1.08% on the day as on 13:29 IST on the NSE. The benchmark NIFTY is up around 0.57% on the day, quoting at 10679. The Sensex is at 35110.74, up 0.56%.Glenmark Pharmaceuticals Ltd has lost around 6.3% in last one month.Meanwhile, Nifty Pharma index of which Glenmark Pharmaceuticals Ltd is a constituent, has increased around 0.4% in last one month and is currently quoting at 8817.45, down 0.5% on the day. The volume in the stock stood at 3.43 lakh shares today, compared to the daily average of 6.18 lakh shares in last one month.
The benchmark May futures contract for the stock is quoting at Rs 532, down 1.11% on the day. Glenmark Pharmaceuticals Ltd tumbled 37.98% in last one year as compared to a 14.65% rally in NIFTY and a 12.45% fall in the Nifty Pharma index.
The PE of the stock is 11.85 based on TTM earnings ending December 17.