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Glenmark Life IPO: Glenmark Life IPO kicks off: Here s what makes analysts bullish on the issue

Anand Rathi said Glenmark Life has leadership in select high-value non-commercialized APIs in chronic therapeutic areas. It said the has cost leadership, a strong balance sheet, a growing business, and a high return on net worth (RoNW) of 46.71 per per cent. Add to that are reasonable valuations, which the brokerage said made it suggest a subscribe on the issue. Geojit Financial Services called the IPO fairly priced and suggested a Subscribe for a long-term basis, considering Glenmark s strong focus on research and development (R&D), its expansion plans, the growth opportunity ahead in CDMO (contract development and manufacturing operations) services and expanding of complex API portfolio.

BSE NSE Sensex Today, Stock Market Latest Update: July 27 Share Market, Trade BSE, Nifty, Sensex Live News Updates | ऊंचे स्तरों पर बिकवाली से शुरुआती बढ़त गायब, सेंसेक्स 52,900 और निफ्टी 15,850 के पास; मेटल और रियल्टी शेयरों में खरीदारी

BSE NSE Sensex Today, Stock Market Latest Update: July 27 Share Market, Trade BSE, Nifty, Sensex Live News Updates | ऊंचे स्तरों पर बिकवाली से शुरुआती बढ़त गायब, सेंसेक्स 52,900 और निफ्टी 15,850 के पास; मेटल और रियल्टी शेयरों में खरीदारी
bhaskar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bhaskar.com Daily Mail and Mail on Sunday newspapers.

Nifty today: SGX Nifty up 45 points; here s what changed for market while you were sleeping

Yuan flat at 6.4790 against the greenback FPIs sell shares worth Rs 2,377 crore Net-net, foreign portfolio investors (FPIs) turned sellers of domestic stocks to the tune of Rs 2376.79 crore, data available with NSE suggested. DIIs, turned buyers to the tune of 1551.27 crore, data suggests. Q1 earnings today Dr Reddy s Laboratories, IndusInd Bank, InterGlobe Aviation, Canara Bank, Torrent Pharmaceuticals, Dalmia Bharat, Dixon Technologies (India), The Ramco Cements, Sanofi India, UCO Bank, TTK Prestige, KPR Mills, Lux Industries and IIFL Finance are among the company that will announce quarterly earnings today. Glenmark Life IPO opens today The initial public offer (IPO) of Glenmark Life Sciences will open for subscription on Tuesday. The company and its shareholders seek to raise Rs 1,514 crore from primary market investors. Most analysts are positive on the company s future prospects and suggest subscribing to the issue. They believe the company, which is a spin-off of

Markets likely to witness bounce back ahead of F&O expiry - The Hindu BusinessLine

Markets likely to witness bounce back ahead of F&O expiry - The Hindu BusinessLine
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Glenmark Life Sciences IPO opens today: Should you subscribe? Brokerages weigh in

Glenmark Life Sciences IPO opens today: Should you subscribe? Brokerages weigh in The initial public offer (IPO) will have fresh issue of equity shares worth up to Rs 1,060 crore and sale of up to 63 lakh equity shares by Glenmark Pharma. Glenmark Life Sciences Ltd. (GLS), the subsidiary of pharma major Glenmark Pharmaceuticals Ltd., is planning to raise up to Rs 1,500 crore through an IPO. The issue, with a price band of Rs 695-720 a share will open today (July 27) and conclude on July 29. The initial public offer (IPO) will have fresh issue of equity shares worth up to Rs 1,060 crore and sale of up to 63 lakh equity shares by Glenmark Pharma.

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