1971.7000 -59.00 (-2.91%)
NSE Sep 26, 2025 15:31 PM
Volume: 924.5K
 

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Glenmark Pharmaceuticals Ltd.
27 May 2024, 12:00AM
1971.70
-2.91%
Motilal Oswal
pairment of INR23b
? Glenmark Pharma (GNP) posted lower-than-expected revenue in 4QFY24.
However, it delivered better-than-expected profitability for the quarter,
aided by an improved product mix and lower raw material costs. Having said
this, GNP has taken a considerable impairment charge on manufacturing
facilities and certain intangibles (~INR32b) during the quarter
Glenmark Pharmaceuti.. has an average target of 2144.00 from 5 brokers.
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