Profit

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

NSE
649.60
Change Change %
-15.25 -2.29%

Updated:16 Nov, 2018, 14:24 PM IST

BSE
646.25
Change Change %
-18.20 -2.74%

Updated:16 Nov, 2018, 14:52 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
CLSA
N/A
16-08-2016 Sell 845.80 N/A
N/A
Closed Long (1Y)
16-08-2017

CLSA downgrades Glenmark to sell

CLSA has downgraded Glenmark to sell from underperform. It says that balance sheet has deteriorated sequentially and cash flows may not allay debt concerns completely. Inability to generate free cash flow is a concern, adds CLSA.

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