Buy Glenmark Pharma, says Mehraboon Irani

Mehraboon Irani, Nirmal Bang Securities is of the view that one can buy Glenmark Pharma.

Irani told CNBC-TV18, "I think Lupin is one thing which attracts our attention. Sun Pharma has become relatively very expensive to the overall pharmaceutical bunch. So on declines again it will come out as a prime pick."
He further added, "Glenmark Pharma in the midcaps is definitely a good buy, but the stock has run up and has outperformed over the last one-one and half month. Maybe a decline over there would possibly attract our attention again."