Sell Glenmark Pharmaceuticals, target Rs 532: Pritesh Mehta
Sell Glenmark Pharmaceuticals Ltd. at a price target of Rs 532.0 and a stop loss at Rs 582 from entry point.
By ETMarkets.com |
Pritesh Mehta of IIFL has a sell call on Glenmark Pharmaceuticals with a target price of Rs 532.
The current market price of Glenmark Pharmaceuticals is Rs 569.65.
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 582.
Glenmark Pharmaceuticals, incorporated in the year 1977, is a Large Cap company (having a market cap of Rs 16,073.71 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 31-12-2017, the company has a total of 282,168,156 shares outstanding.
The current market price of Glenmark Pharmaceuticals is Rs 569.65.
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 582.
Glenmark Pharmaceuticals, incorporated in the year 1977, is a Large Cap company (having a market cap of Rs 16,073.71 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 31-12-2017, the company has a total of 282,168,156 shares outstanding.
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