Current price is less than the intrinsic value

Intrinsic value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Glenmark had stated that the US Food and Drug Administration has put its manufacturing plant at Baddi under import alert 66-40.

U.S. FDA Gives Exception To Glenmark Pharma To Supply Pneumonia Drug From Baddi Facility

In a regulatory filing, Glenmark said, ”...due to medical necessity and potential drug shortage expectations, the USFDA has provided an exception, which enables the Company to supply Atovaquone Oral Suspension USP 750mg/5ml to the US market”.

USFDA gives exception to Glenmark Pharma to supply pneumonia drug from Baddi facility

Eris Lifesciences announced acquisition of nine dermatology brands from Glenmark Pharma for Rs 340 crore. The brands include Onabet, Halobate, Sorvate, and Demelan for India and Nepal.

Eris Lifesciences falls as margins contract; derma brands’ acquisition fails to cheer Street

Acquisition of Oaknet and Glenmark Pharma’s derma portfolio to strengthen Eris’s entry in the derma segment.

Eris Lifesciences Q3 Results Review - Inline Quarter; New Launches Scale-Up Is Key: Prabhudas Lilladher

Buzzing stocks: Central Bank of India, RVNL, ITC, EID Parry, Berger Paints, Glenmark Pharma, Eris Lifesciences, South Indian Bank, SAIL, LIC, COforge, Sundaram Fasteners, IndusInd Bank, Goa Carbon, Alok Textiles

Stocks that will see action on January 18, 2023

Maruti Suzuki India: The car major has recalled a total of 17,362 vehicles manufactured between 8 December 2022 and 12 January 2023 to inspect and replace airbag controller (affected part), free of cost, if required in these vehicles.

Maruti Suzuki, Glenmark Pharma, Tata Metaliks in focus

Opens floodgates for more generic launches; 40 new brands expected

Glenmark pharma launches generic version of Novartis’ heart failure drug

The deal, through Eris’ dermatology focused unit, is for the purchase of nine brands, including Onabet, Halobate, Sorvate, and Demelan for India and Nepal, Eris said.

Eris Lifesciences to buy some dermatology brands from Glenmark Pharma

Glenmark Pharmaceuticals on Tuesday said it has launched sacubitril and valsartan combination tablets in India for treatment of heart failure.

Glenmark Pharmaceuticals launches drug to treat heart failure in India

Glenmark Pharmaceuticals Ltd is quoting at Rs 414.75, down 1.27% on the day as on 13:19 IST on the NSE. The stock tumbled 16.25% in last one year as compared to a 0.89% slide in NIFTY and a 8.05% fall in the Nifty Metal index.

Glenmark Pharmaceuticals Ltd slips for fifth straight session

Glenmark Pharmaceuticals launched the sacubitril + valsartan tablets in India, for the treatment of heart failure marketed under the brand name ‘Sacu V’.

Glenmark Pharma launches sacubitril + valsartan tablets in India

Glenmark Pharmaceuticals Limited is a global pharmaceutical company engaged in the development of new chemical entities (NCEs) and new biological entities (NBEs).

Glenmark Pharmaceuticals Ltd

Glenmark Pharmaceuticals Ltd

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

U.S. FDA Gives Exception To Glenmark Pharma To Supply Pneumonia Drug From Baddi Facility

USFDA gives exception to Glenmark Pharma to supply pneumonia drug from Baddi facility

Eris Lifesciences falls as margins contract; derma brands’ acquisition fails to cheer Street

Eris Lifesciences Q3 Results Review - Inline Quarter; New Launches Scale-Up Is Key: Prabhudas Lilladher

Stocks that will see action on January 18, 2023

Maruti Suzuki, Glenmark Pharma, Tata Metaliks in focus

Glenmark pharma launches generic version of Novartis’ heart failure drug

Eris Lifesciences to buy some dermatology brands from Glenmark Pharma

Glenmark Pharmaceuticals launches drug to treat heart failure in India

Glenmark Pharmaceuticals Ltd

Intrinsic valueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry pointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

U.S. FDA Gives Exception To Glenmark Pharma To Supply Pneumonia Drug From Baddi Facility

USFDA gives exception to Glenmark Pharma to supply pneumonia drug from Baddi facility

Eris Lifesciences falls as margins contract; derma brands’ acquisition fails to cheer Street

Eris Lifesciences Q3 Results Review - Inline Quarter; New Launches Scale-Up Is Key: Prabhudas Lilladher

Stocks that will see action on January 18, 2023

Maruti Suzuki, Glenmark Pharma, Tata Metaliks in focus

Glenmark pharma launches generic version of Novartis’ heart failure drug

Eris Lifesciences to buy some dermatology brands from Glenmark Pharma

Glenmark Pharmaceuticals launches drug to treat heart failure in India

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock