Why is Glenmark stock falling?
The fall in Glenmark Life Sciences GMP is because of the poor earnings of pharma companies. The sector’s result sent Nifty Pharma index to a level last seen in May 2021. The continued sell-off in the pharma sector pushed the pharma index below the 14,000 level.
Does Glenmark give dividend?
For the year ending March 2021 Glenmark Pharma has declared an equity dividend of 250.00% amounting to Rs 2.5 per share.
Glenmark Pharma Ltd.
|Remarks||Rs.2.5000 per share(250%)Final Dividend|
Is Glenmark undervalued?
PE vs Industry: GLENMARK is good value based on its PE Ratio (14.7x) compared to the Indian Pharmaceuticals industry average (23.6x). PE vs Market: GLENMARK is good value based on its PE Ratio (14.7x) compared to the Indian market (19x).
Who owns Glenmark?
$1.25 billion), making it the fourth-biggest Indian pharmaceutical company. In May 2019, Yasir Rawjee was elected as CEO of Glenmark Life Sciences.
|Headquarters||Mumbai , India|
|Key people||Glenn Saldanha, MD & Chairman|
How much dividend does Wipro pay?
|18/01/2019||29/01/2019||Rs.1.0000 per share(50%)Interim Dividend|
|11/01/2018||31/01/2018||Rs.1.0000 per share(50%)Interim Dividend|
|10/01/2017||02/02/2017||Rs.2.0000 per share(100%)Interim Dividend|
|20/04/2016||11/07/2016||Rs.1.0000 per share(50%)Final Dividend|
What is HDFC dividend pay?
|22/04/2019||20/06/2019||Rs.15.0000 per share(750%)Dividend|
|23/04/2018||31/05/2018||Rs.13.0000 per share(650%)Dividend|
|24/04/2017||29/06/2017||Rs.11.0000 per share(550%)Dividend|
|22/04/2016||29/06/2016||Rs.9.5000 per share(475%)Dividend|
Is Glenmark a debt free company?
The company’s net debt at ₹3549 crore at the end of FY21, though lower than the ₹3758 crore debt at the end of FY20, remains high. The company expects to generate ₹400 crore free cash flows in FY22. In addition, it plans an IPO for Glenmark Life Sciences.
Is Glenmark a MNC company?
Indian MNCs: Glenmark Pharmaceuticals.
Is Glenmark a good company to work for?
Working at Glenmark is a lot of learning as well as making good connection with great professionals It gives me opportunity to grow in professional and personal space. It is fun working in the pharma environment being associated with the Glenmark.