Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "Glenmark Pharma is in a trading range. Yesterday it did not participate in the rally but that doesn’t mean much, it will do it today hopefully. In any case you get into it. The trading range should break on the upside, stay with the trade even if it lasts more than one day. I think it is a good stock.”
At 09:37 hrs Glenmark Pharma was quoting at Rs 740.50, up Rs 10.60, or 1.45 percent.
The share touched its 52-week high Rs 749.05 and 52-week low Rs 507.80 on 20 August, 2014 and 27 November, 2013, respectively.
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