News and Views
Recent Price Movement and Market Outperformance
The stock has demonstrated notable momentum, gaining 4.53% over the past week compared to the Sensex’s modest 0.50% rise. Over the last month, Glenmark outpaced the benchmark with a 5.77% increase against Sensex’s 1.66%. Year-to-date, the stock has surged 19.56%, doubling the Sensex’s 9.56% gain. This outperformance extends over longer horizons as well, with a remarkable 26.52% return in the past year compared to the Sensex’s 7.01%, and an extraordinary 350.89% gain over three years versus the benchmark’s 37.43%.
On the day in question, Glenmark’s shares touched an intraday high of ₹1,927.10, marking a 2.43% increase. The stock has been on a two-day winning streak, delivering a cumulative 4.48% return in this period. It a...
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