Profit

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

NSE
587.15
Change Change %
0.20 0.03%

Updated:21 Feb, 2019, 10:59 AM IST

BSE
584.65
Change Change %
-2.30 -0.39%

Updated:21 Feb, 2019, 11:13 AM 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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