|
05 Jun 2025 |
Glenmark Pharma
|
Consensus Share Price Target
|
1568.40 |
1678.42 |
- |
7.01 |
buy
|
|
|
|
|
23 May 2023
|
Glenmark Pharma
|
Prabhudas Lilladhar
|
1568.40
|
570.00
|
609.00
(157.54%)
|
|
Sell
|
|
|
|
|
23 May 2023
|
Glenmark Pharma
|
KRChoksey
|
1568.40
|
683.00
|
606.00
(158.81%)
|
Target met |
Buy
|
|
|
Glenmark Pharma performance impacted during the quarter due to subdued performance in the India Business. Factors such as divestment of a few non-core brands ( Razel and other dermatology assets), price revision at NLEM, and returns of COVID-related products, has an affect on the India business, resulted in decline of quarterly revenue to INR 8,284 mn (-6.4% YoY, -22.9% QoQ).
|
|
22 May 2023
|
Glenmark Pharma
|
ICICI Direct
|
1568.40
|
580.00
|
606.00
(158.81%)
|
|
Hold
|
|
|
|
|
22 May 2023
|
Glenmark Pharma
|
ICICI Securities Limited
|
1568.40
|
575.00
|
606.00
(158.81%)
|
|
Sell
|
|
|
Glenmark Pharma’s (Glenmark) Q4FY23 revenue growth of 12% YoY was driven by launch of Rylatris across the UK, Asia and RoW markets. Nevertheless, the company’s gross margins contracted 119bps YoY due to cost pressures in India and base price erosion in the US.
|
|
16 Feb 2023
|
Glenmark Pharma
|
ICICI Securities Limited
|
1568.40
|
525.00
|
435.15
(260.43%)
|
Target met |
Buy
|
|
|
Glenmark Pharma’s (Glenmark) Q3FY23 performance was a beat vs our estimates, largely driven by better than expected RoW and EU performances. Revenue was up 9.2% YoY to Rs34.6bn (I-Sec: Rs31.4bn) led by healthy growth in the US, RoW and EU businesses.
|
|
13 Feb 2023
|
Glenmark Pharma
|
Motilal Oswal
|
1568.40
|
420.00
|
422.60
(271.13%)
|
Target met |
Neutral
|
|
|
|
|
13 Feb 2023
|
Glenmark Pharma
|
ICICI Direct
|
1568.40
|
440.00
|
422.60
(271.13%)
|
Target met |
Hold
|
|
|
|
|
21 Nov 2022
|
Glenmark Pharma
|
ICICI Direct
|
1568.40
|
470.00
|
422.40
(271.31%)
|
Target met |
Hold
|
|
|
|
|
19 Nov 2022
|
Glenmark Pharma
|
Prabhudas Lilladhar
|
1568.40
|
460.00
|
411.65
(281.00%)
|
Target met |
Accumulate
|
|
|
|
|
17 Nov 2022
|
Glenmark Pharma
|
Motilal Oswal
|
1568.40
|
420.00
|
409.85
(282.68%)
|
Target met |
Neutral
|
|
|
|