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

KR Choksey recommended accumulate rating on Glenmark Pharma with a target price of Rs 433 in its research report dated August 16, 2022.

Accumulate Glenmark Pharma; target of Rs 433: KR Choksey

In the last few weeks, several Indian manufacturers, including Sun Pharma, Dr Reddy’s and Jubilant Cadista, have been forced to recall drugs over various issues

Glenmark Pharma weak as firm announces recall of skin ointment in US

Motilal Oswal recommended Neutral rating on Glenmark Pharma with a target price of Rs 420 in its research report dated August 12, 2022.

Neutral Glenmark Pharma; target of Rs 420: Motilal Oswal

Glenmark Pharma Q1 Review - Steady Traction Exhibited In Domestic Formulation, Rest Of World: Motilal Oswal

Glenmark Pharmaceuticals Ltd is quoting at Rs 393.95, up 1.27% on the day as on 12:49 IST on the NSE. The stock is down 30.06% in last one year as compared to a 7.07% jump in NIFTY and a 8.06% jump in the Nifty Metal index.

Glenmark Pharmaceuticals Ltd soars 1.27%, rises for third straight session

Adjusted Ebidta was Rs 4,72.6 crore in the quarter ended June 30, 2022 as against Rs 5,73.6 crore in the previous corresponding quarter, with margins of 17 per cent

Glenmark Pharmaceuticals’ Q1 net profit drops 31% to Rs 211.1 crore

The approval granted by the US Food & Drug Administration (USFDA) to Glenmark Pharmaceuticals Inc is for Norethindrone Acetate and Ethinyl Estradiol Capsules and Ferrous Fumarate Capsules of strength 1 mg/20 mcg, the company said in a statement.

Glenmark Pharma arm gets final USFDA nod for birth control capsules

Glenmark’s current portfolio includes 177 products that are authorised for distribution in the United States.

Glenmark Pharma USA bags ANDA approval for Norethindrone Acetate and Ethinyl Estradiol Capsules

Three of the six observations were a repeat.

U.S. FDA Flags Quality Lapses At Glenmark Pharma’s Baddi Facility

Glenmark Pharmaceuticals has launched India’s first topical Minocycline 4% Gel for the treatment of moderate to severe acne, under the brand name MINYM.

Glenmark Pharma launches acne drug in India

Glenmark Pharmaceuticals Ltd is quoting at Rs 400.2, up 2.51% on the day as on 12:49 IST on the NSE. The stock is down 39.85% in last one year as compared to a 3.28% jump in NIFTY and a 13.31% jump in the Nifty Metal index.

Glenmark Pharmaceuticals Ltd soars 2.51%, rises for third straight session

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

Accumulate Glenmark Pharma; target of Rs 433: KR Choksey

Glenmark Pharma weak as firm announces recall of skin ointment in US

Neutral Glenmark Pharma; target of Rs 420: Motilal Oswal

Glenmark Pharma Q1 Review - Steady Traction Exhibited In Domestic Formulation, Rest Of World: Motilal Oswal

Glenmark Pharmaceuticals Ltd soars 1.27%, rises for third straight session

Glenmark Pharmaceuticals’ Q1 net profit drops 31% to Rs 211.1 crore

Glenmark Pharma arm gets final USFDA nod for birth control capsules

Glenmark Pharma USA bags ANDA approval for Norethindrone Acetate and Ethinyl Estradiol Capsules

U.S. FDA Flags Quality Lapses At Glenmark Pharma’s Baddi Facility

Glenmark Pharma launches acne drug 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

Accumulate Glenmark Pharma; target of Rs 433: KR Choksey

Glenmark Pharma weak as firm announces recall of skin ointment in US

Neutral Glenmark Pharma; target of Rs 420: Motilal Oswal

Glenmark Pharma Q1 Review - Steady Traction Exhibited In Domestic Formulation, Rest Of World: Motilal Oswal

Glenmark Pharmaceuticals Ltd soars 1.27%, rises for third straight session

Glenmark Pharmaceuticals’ Q1 net profit drops 31% to Rs 211.1 crore

Glenmark Pharma arm gets final USFDA nod for birth control capsules

Glenmark Pharma USA bags ANDA approval for Norethindrone Acetate and Ethinyl Estradiol Capsules

U.S. FDA Flags Quality Lapses At Glenmark Pharma’s Baddi Facility

Glenmark Pharma launches acne drug 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