Follow us on

Glenmark profit may miss estimates - StarMine

Source : REUTERS
Last Updated: Mon, May 06, 2013 06:25 hrs

Glenmark Pharmaceuticals Ltd could miss January-March earnings consensus forecast, according to Thomson Reuters StarMine data.

StarMine's SmartEstimates, which places greater emphasis on forecasts by top-rated analysts, shows Glenmark could report a net profit of 1.56 billion rupees ($29 million) for the quarter, compared with a mean consensus estimate of 1.68 billion rupees.

Shares in Glenmark were up 1.3 percent at 0604 GMT. The company will announce its earnings on Tuesday.

blog comments powered by Disqus
most popular on facebook
talking point on sify finance