Glenmark Pharmaceuticals is currently trading at Rs. 594.45, up by 3.90 points or 0.66% from its previous closing of Rs. 590.55 on the BSE.
The scrip opened at Rs. 593.00 and has touched a high and low of Rs. 599.65 and Rs. 592.75 respectively. So far 5310 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 711.55 on 10-Sep-2018 and a 52 week low of Rs. 483.60 on 30-May-2018.
Last one week high and low of the scrip stood at Rs. 624.50 and Rs. 575.00 respectively. The current market cap of the company is Rs. 16832.74 crore.
The promoters holding in the company stood at 46.54%, while Institutions and Non-Institutions held 38.19% and 15.28% respectively.
Glenmark Pharmaceuticals has executed business purchase agreement for transfer of the company's API business to its wholly owned subsidiary -- Glenmark Life Sciences on October 9, 2018. The transaction is expected to be completed in the next 2-3 months.
Glenmark Pharmaceuticals is a global pharmaceutical company. The company is engaged in the development of new chemical entities (NCEs) and new biological entities (NBEs). Its segments are India, United States, Latin America, Europe and Rest of the World (ROW).
