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Buy Glenmark Pharmaceuticals, target Rs 666: Kunal Bothra

ETMarkets.com|
Jan 24, 2018, 09.08 AM IST
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Independent analyst Kunal Bothra has a buy call on Glenmark Pharmaceuticals with a target price of Rs 666.

The current market price of Glenmark Pharmaceuticals is Rs 631.70.

Time period given by the analyst is 'Intra Day' when Glenmark Pharmaceuticals price can reach defined target.

Kunal Bothra recommended to keep a stop loss at Rs 615.

Glenmark Pharmaceuticals, incorporated in the year 1977, is a Large Cap company (having a market cap of Rs 17,824.56 Crore) operating in Pharmaceuticals and health care sector.

The company's top management includes Dr.Brian W Tempest, Mr.Bernard Munos, Mr.D R Mehta, Mr.Glenn Saldanha, Mr.Julio Ribeiro, Mr.Milind Sarwate, Mr.Murali Neelakantan, Mr.Rajesh V Desai, Mr.Sridhar Gorthi, Mrs.B E Saldanha, Mrs.Cherylann Pinto.

Company has Walker, Chandiok & Co.LLP as its auditors.

As on 31-12-2017, the company has a total of 282,168,156 shares outstanding.
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Disclaimer: This recommendation is analyst's own and does not represent those of economictimes.com & ETMarkets.com. Please consult your financial advisor before taking any position in the stock/s mentioned.

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