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

NSE
582.70
Change Change %
0.10 0.02%

Updated:17 Nov, 2017, 15:59 PM IST

BSE
583.80
Change Change %
3.10 0.53%

Updated:17 Nov, 2017, 15:50 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Edelweiss
N/A
06-11-2017 Hold 626.75 670.00
N/A
Open Long (1Y)
06-11-2018

Edelweiss Maintains ‘Hold’ On Glenmark Pharmaceuticals


Edelweiss says Glenmark Pharmaceuticals' Niche launches have been pushed to FY19 and current cash flows are insufficient to take care of current cost structure. Out-licensing deals over the next 12 months could lend some upside, the brokerage adds. 

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