Glenmark Share Price Target 2022 2023 2025 2030 Prediction

Glenmark Share Price Target

Mkt cap 14.70TCr

About Glenmark :

Glenmark Pharmaceuticals Ltd. was incorporated in the year 1977. Its today’s share price is 520.7. Its current market capitalisation stands at Rs 14692.5 Cr. In the latest quarter, company has reported Gross Sales of Rs. 75679.33 Cr and Total Income of Rs.79641.7 Cr. The company’s management includes Harish Kuber, Dipankar Bhattacharjee, DR Mehta, Rajesh V Desai, Blanche Elizabeth Saldanha, Brian W Tempest, Saira Ramasastry, Sridhar Gorthi, Bernard Munos, Cherylann Pinto, VS Mani, Glenn Saldanha, Glenn Saldanha.

52-wk high 690.95
52-wk low 442.05
P/E ratio 14.35
Div yield 0.48%

About Glenmark Share :

  • Glenmark Pharmaceuticals Ltd., incorporated in the year 1977, is a Mid Cap company (having a market cap of Rs 14,692.50 Crore) operating in Pharmaceuticals sector.
  • Glenmark Pharmaceuticals Ltd. key Products/Revenue Segments include Pharmaceuticals, Other Operating Revenue and Sale of services for the year ending 31-Mar-2021.
  • For the quarter ended 30-06-2021, the company has reported a Consolidated Total Income of Rs 3,023.54 Crore, up 5.41 % from last quarter Total Income of Rs 2,868.39 Crore and up 25.81 % from last year same quarter Total Income of Rs 2,403.30 Crore.
  • Company has reported net profit after tax of Rs 306.53 Crore in latest quarter.
  • The company’s top management includes Mr.Glenn Saldanha, Mr.D R Mehta, Mrs.B E Saldanha, Mr.Sridhar Gorthi, Mr.Bernard Munos, Mr.Dipankar Bhattacharjee, Dr.Brian W Tempest, Mr.Rajesh V Desai, Mr.V S Mani, Mrs.Cherylann Pinto, Ms.Saira Ramasastry.

 

Glenmark Share Price Target 2021 Q4

  • November 2021 – 520.15 Rs
  • December 2021 – 511.20 Rs

 

Glenmark share price target 2022

  1. 2022 Jan – 505.35 Rs
  2. 2022 Feb – 524.36 Rs
  3. 2022 Mar – 528.39 Rs
  4. 2022 Apr – 529.71 Rs
  5. 2022 May – 539.10 Rs
  6. 2022 Jun –  540.95 Rs
  7. 2022 Jul –  545.90 Rs
  8. 2022 Aug – 549.95 Rs
  9. 2022 Sep –  552.99 Rs
  10. 2022 Oct – 559.50 Rs
  11. 2022 Nov –  565.55 Rs
  12. 2022 Dec –  570.65 Rs

 

Glenmark Share price target 2023  – 690.25 Rs 

Glenmark Share price target 2024 –  725.15 Rs

Glenmark Share price target 2025 –  895.50 Rs

Glenmark Share price target 2026 –  1056.30 Rs

Glenmark Share price target 2027 – 1265.35 Rs

Glenmark Share price target 2028 – 1535.20 Rs

Glenmark Share price target 2029 – 1782.80 Rs

Glenmark Share price target 2030 – 2158.00 Rs

 

Glenmark share price target 2022

The way the demand for the pharma sector has been increasing since the Corona pandemic, Glenmark is also reaping the benefits of all the pharma companies as well. Glenmark has been increasing the growth of its business at a faster rate than the growth of its pharma sector.

Due to which the company’s financials are seeing a lot of improvement as compared to the last few years. The way the company is continuously showing growth in revenue in its domestic business and also in the outside world.

Looking at this in the coming years, Glenmark share price target 2022 is expected to show you the first target of Rs 620 soon. After this target you try to hold the second target for Rs.655.

 

Glenmark share price target 2023

Glenmark seems to be trying its best to gradually improve its market position. For this, the company is paying more and more attention to the sales of its product, the company has started seeing its benefits on the financial side slowly.

The company says that its sales position is continuously improving in some domestic product categories. The benefits of which are going to be seen showing the company’s business with good performance for the coming few years.

If the management is seen showing growth in the sales position of its product like this, then the share price of Glenmark can be seen showing you the first target of Rs 750 by 2025. After that, look at 800 rupees to be the second target interest.

Glenmark share price target 2025

Research & Development is the most important thing for any pharma company. Because if the company’s business has to grow rapidly, it is very important to innovate new new products at the right time. In Glenmark’s business, there is a lot of focus on R&D.

The company is seen investing more than 12 percent of its revenue for its innovative new product innovation. Which is seen much more than the rest of the domestic partner pharma company. If the management of the company is seen investing more and more in Research & Development in the coming years also, then you can be seen showing tremendous boom in business in return for your good product.

With its business development in the coming years, Glenmark share price target is going to show you the first target of Rs 1100 by 2025. Then the second target you should look for is Rs 1250.

Glenmark share price target 2030

Due to the large spread of Glenmark’s business in foreign countries, there is competition in many product prices. To reduce this, the company seems to be trying its best to reduce the production cost of the product by constantly making new improvements in its pharma product. Due to which the profit margin of the company is also expected to increase rapidly in the coming days.

As the company’s profits will be seen increasing, you will also see the debt on Glenmark’s business going down continuously. Due to which the business of the company is expected to grow at a fast pace.

If the company is seen showing growth as planned in the long run, then by 2030, Glenmark’s share price target is likely to show you around Rs 2400.

 

Glenmark share Future

Glenmark Company is an emerging company in the pharma sector. This industry has been witnessing good growth since the pandemic, and this growth is going to show you for a long time to come. Although the company’s financials are not as strong as of now, but the management seems to be trying its best to make it strong.

The way India is becoming a hub for the world in the pharma sector, in future all the companies related to this sector are going to see tremendous benefits. In those companies, Glenmark also shows full potential to give good returns to the shareholders with good business growth.

 

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