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Have buy rating on Glenmark Pharma: HDFC Securities

In an interview to CNBC-TV18, Amey Chalke of HDFC Securities spoke about Q1 FY18 earnings from pharma sector.

July 28, 2017 / 11:37 IST
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In an interview to CNBC-TV18, Amey Chalke of HDFC Securities spoke about Q1 FY18 earnings from pharma sector.

We have buy rating on Glenmark Pharma. Operationally I don’t see any negatives at this point in time, he said.

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His target price for Glenmark is above Rs 900.

He has also shared his views on Dr Reddy’s Laboratories (DRL) and Biocon.