Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
634.55
Change Change %
4.75 0.75%

Updated:25 Sep, 2018, 15:59 PM IST

BSE
635.85
Change Change %
5.00 0.79%

Updated:25 Sep, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Macquarie
N/A
04-07-2016 Buy 813.45 1140.00
N/A
Closed Long (1Y)
04-07-2017

Macquarie maintains buy on Glenmark

Macquarie has maintained 'outperform' on Glenmark for target price of Rs 1,140 per share. It says Glenmark's valuations look attractive as it is trading at price to earnings ratio of 12 times FY18 EPS. Macquarie adds that Glenmark is one of their top picks and incremental approval from the US is crucial. Zetia launch will be a key catalyst for the stock going ahead.

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