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’s current portfolio consists of 175 products authorized for distribution in the US marketplace and 48 ANDAs pending approval with the USFDA.

Glenmark Pharma acquires Abbreviated New Drug Applications from Wockhardt

“The over-the-counter market has long been an important segment of Glenmark’s portfolio around the world. Our acquisition of these ANDAs represents the continued expansion of our business into the OTC market here in the United States and our commitment to ensuring patients have access to high qualit…

OTC drugs | Wockhardt : Glenmark Pharmaceuticals acquires certain OTC drugs from Wockhardt in US

Glenmark said its current portfolio consists of 175 products authorised for distribution in the US market and 48 ANDAs pending approval with the USFDA

Glenmark Pharmaceuticals acquires certain OTC drugs from Wockhardt in US

The drug maker on Wednesday announced that the US drug regulator has issued Form 483 with six observations to the company’s formulation manufacturing facility in Baddi, Himachal Pradesh (India).

Glenmark Pharma says USFDA issues Form 483 observations for co’s formulation facility

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Stocks that will see action on June 23

Stocks to Watch today: The US FDA has issued Glenmark Pharma form 483 with 6 observations for its Baddi Unit, which was inspected between June 13-22, 2022.

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Stocks to watch: Telecom, Aviation, Tata Motors, HDFC, Glenmark Pharma

Glenmark Pharmaceuticals on Thursday said it has launched a novel fixed-dose combination (FDC) drug in the country for patients with uncontrolled asthma

Glenmark Pharma launches first FDC drug Indamet for asthma patients

The pharmaceutical company on Thursday announced that it has launched Indacaterol + Mometasone fixed-dose combination (FDC) drug for patients suffering from uncontrolled asthma in India.

Glenmark Pharma launches FDC drug for asthma in India

The Mumbai-based drug major has launched - Indacaterol + Mometasone FDC under the brand name Indamet.

Glenmark Pharma launches asthma drug Indamet

Company’s consolidated profit after tax declined 26 percent to Rs 173 crore for the fourth quarter ended March 31, 2022.

Glenmark Pharma shares hit 52-week low on reports of USFDA inspection at Baddi plant

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

Glenmark Pharma acquires Abbreviated New Drug Applications from Wockhardt

OTC drugs | Wockhardt : Glenmark Pharmaceuticals acquires certain OTC drugs from Wockhardt in US

Glenmark Pharmaceuticals acquires certain OTC drugs from Wockhardt in US

Glenmark Pharma says USFDA issues Form 483 observations for co’s formulation facility

Stocks that will see action on June 23

Stocks to Watch: Vodafone Idea, Bajaj Auto, Tata Steel, Glenmark Pharma

Stocks to watch: Telecom, Aviation, Tata Motors, HDFC, Glenmark Pharma

Glenmark Pharma launches first FDC drug Indamet for asthma patients

Glenmark Pharma launches FDC drug for asthma in India

Glenmark Pharma launches asthma drug Indamet

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

Glenmark Pharma acquires Abbreviated New Drug Applications from Wockhardt

OTC drugs | Wockhardt : Glenmark Pharmaceuticals acquires certain OTC drugs from Wockhardt in US

Glenmark Pharmaceuticals acquires certain OTC drugs from Wockhardt in US

Glenmark Pharma says USFDA issues Form 483 observations for co’s formulation facility

Stocks that will see action on June 23

Stocks to Watch: Vodafone Idea, Bajaj Auto, Tata Steel, Glenmark Pharma

Stocks to watch: Telecom, Aviation, Tata Motors, HDFC, Glenmark Pharma

Glenmark Pharma launches first FDC drug Indamet for asthma patients

Glenmark Pharma launches FDC drug for asthma in India

Glenmark Pharma launches asthma drug Indamet

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