Glenmark Pharmaceuticals . Sees -3.31% Decline in Stock Price, Remains Strong Player in Industry
On October 29, 2024, Glenmark Pharmaceuticals ., a largecap pharmaceutical company, saw a -3.31% decline in its stock price, earning a 'Hold' rating from MarketsMojo. The stock's performance was -2.2% lower than the sector average, but its moving averages show a positive trend. Despite recent decline, Glenmark remains a strong player in the industry.
Glenmark Pharmaceuticals ., a largecap pharmaceutical company, saw a decline of -3.31% in its stock price on October 29, 2024. This underperformance was reflected in the stock's 'Hold' rating given by MarketsMOJO.
The stock's performance today was -2.2% lower than the sector average. It touched an intraday low of Rs 1663.2, a decrease of -3.3%. However, the stock's moving averages show a positive trend, with it being higher than the 100 day and 200 day moving averages.
In comparison to the overall market performance, Glenmark Pharmaceuticals . saw a decline of -3.78% while the Sensex only saw a decrease of -0.46%. Over the past month, the stock's performance was -1.91% compared to the Sensex's -6.94%.
Despite the recent decline in stock price, Glenmark Pharmaceuticals . remains a strong player in the pharmaceutical industry. With its largecap size, the company has a solid foundation and is well-positioned for future growth. Investors should continue to monitor the stock's performance and make informed decisions based on their own research and analysis.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
