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1 Comment
Glenmark Pharmaceuticals Limited is currently in a long term uptrend where the price is trading 25.8% above its 200 day moving average.
From a valuation standpoint, the stock is 72.8% cheaper than other stocks from the Healthcare sector with a price to sales ratio of 1.3.
Glenmark Pharmaceuticals Limited's total revenue rose by 1.9% to $28B since the same quarter in the previous year.
Its net income has increased by 30.0% to $2B since the same quarter in the previous year.
Finally, its free cash flow fell by 27.7% to $4B since the same quarter in the previous year.
Based on the above factors, Glenmark Pharmaceuticals Limited gets an overall score of 4/5.
Exchange | NSE |
---|---|
Sector | Healthcare |
CurrencyCode | INR |
ISIN | INE935A01035 |
Industry | Drug Manufacturers - Specialty & Generic |
Market Cap | 390B |
---|---|
Target Price | 1690.9166 |
PE Ratio | None |
Beta | 0.31 |
Dividend Yield | 0.2% |
Glenmark Pharmaceuticals Limited, together with its subsidiaries, develops, manufactures, and sells generics, specialty products, and OTC pharmaceutical products in India, North America, Latin America, Europe, and internationally. The company provides branded and generic formulations in the therapeutic areas of dermatology, respiratory, oncology, cardiology, diabetic, gynecology, gastroenterology, and anti-infective in the dosage forms of complex injectables and biologics, oral solids, liquids, topical products, drops, and respiratory/MDI/DPI/nasal sprays. Its product pipeline includes ISB 2001, a BCMA x CD38 x CD3 trispecific engagement by antibodies based on the T cell receptor trispecific antibody, which is in Phase 1 clinical trial for indication of relapsed/refractory multiple myeloma; ISB 1442, a CD38 x CD47 bispecific engagement by antibodies based on the T cell receptor biparatopic bispecific antibody that is in Phase 1 clinical trial for the treatment of relapsed/refractory multiple myeloma and acute myeloid leukemia; and GRC 65327, a Cbi-b inhibitor, which is in pre-clinical study for the indication of solid tumors. The company's pipeline also comprises ISB 880, an IL-1RAP antagonist monoclonal antibody, which is in Phase 1 clinical trial for the treatment of autoimmune diseases; and ISB 830, a telazorlimab OX40 antagonist antibody that is in Phase 2 clinical trial for the treatment of atopic dermatitis. In addition, the company offers Ryaltris nasal spray for the treatment of seasonal allergic rhinitis. The company was incorporated in 1977 and is based in Mumbai, India.
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