Glenmark Share is getting very much attention due to its approval for covid-19 drug to provide treatment to patients. its short term target are…
SHARE PRICE:-glenmark share (TARGET,SHORT TERM,LONG TERM VIEW)
It is Currently trading on friday for about 409-410 inr on NSE site and people are making great decision to buy it on monday pre-opening session so that to make profit in this share.
Its Target Are: (As per technical Analysis)
- Intraday– 445-450 inr for intraday
- Positional/Delivery– 510-600 inr (approx 2 months)
Glenmark Pharmaceuticals is a pharmaceutical company headquartered in Mumbai, India that was founded in 1977 by Gracias Saldanha as a generic drug and active pharmaceutical ingredient manufacturer.
NEWS:- Glenmark pharmaceuticals-
glenmark share has secured the drug regulator’s nod on Friday to manufacture and market the COVID-19 Vaccine in India.
It will be available for approx 103inr per tablet so that people can afford it.
The drug has shown promise in multiple global studies, with reduction in viral load, faster fever resolution, and faster clinical recovery.
In India, the drug will be sold at retail chemist outlets as well as hospitals. This is an emergency use authorisation due to the pandemic situation prevalent in the country and the need for timely treatment.
glenmark share would be going like a rocket after this news on monday (22 june 2020)
Whenever a doctor prescribes favipiravir, he would have to do so with an “informed consent” from the patient. Patients with a valid prescription can procure the drug from retail chemists, as many of them may not need hospitalisation.
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