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
Bank of America Merrill Lynch
N/A
25-08-2014 Sell 719.75 710.00
N/A
Target Hit Long (1Y)
25-08-2015

Bank of America Merrill Lynch downgrades Glenmark to underperform

Valuations seem demanding after a sharp rally. Expect US growth to pick-up from FY16 onwards. Ramp-up in US business is key for margins. See limited re-rating potential from here.

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