Buy Glenmark Pharmaceuticals, target Rs 651: Pritesh Mehta
Buy Glenmark Pharmaceuticals Ltd. at a price target of Rs 651.0 and a stop loss at Rs 603 from entry point.
By ETMarkets.com |
Pritesh Mehta of IIFL has a buy call on Glenmark Pharmaceuticals with a target price of Rs 651.
The current market price of Glenmark Pharmaceuticals is Rs 615.55.
Time period given by the analyst is 'Intra Day' when Glenmark Pharmaceuticals price can reach defined target.
Pritesh Mehta recommended to keep a stop loss at Rs 603.
Glenmark Pharmaceuticals, incorporated in the year 1977, is a Large Cap company (having a market cap of Rs 17,368.86 Crore) operating in Pharmaceuticals and health care sector.
The company’s top management includes Dr.Brian W Tempest, Mr.Bernard Munos, Mr.D R Mehta, Mr.Glenn Saldanha, Mr.Julio Ribeiro, Mr.Milind Sarwate, Mr.Murali Neelakantan, Mr.Rajesh V Desai, Mr.Sridhar Gorthi, Mrs.B E Saldanha, Mrs.Cherylann Pinto.
Company has Walker, Chandiok & Co.LLP as its auditors.
As on 30-09-2017, the company has a total of 282,168,156 shares outstanding.
The current market price of Glenmark Pharmaceuticals is Rs 615.55.
Time period given by the analyst is 'Intra Day' when Glenmark Pharmaceuticals price can reach defined target.
Pritesh Mehta recommended to keep a stop loss at Rs 603.
Glenmark Pharmaceuticals, incorporated in the year 1977, is a Large Cap company (having a market cap of Rs 17,368.86 Crore) operating in Pharmaceuticals and health care sector.
The company’s top management includes Dr.Brian W Tempest, Mr.Bernard Munos, Mr.D R Mehta, Mr.Glenn Saldanha, Mr.Julio Ribeiro, Mr.Milind Sarwate, Mr.Murali Neelakantan, Mr.Rajesh V Desai, Mr.Sridhar Gorthi, Mrs.B E Saldanha, Mrs.Cherylann Pinto.
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Company has Walker, Chandiok & Co.LLP as its auditors.
As on 30-09-2017, the company has a total of 282,168,156 shares outstanding.
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