Glenmark is a great stock in the pharma sector. This stock has the potential to move real fast and its stuck around 240 for quite a few days now. Look at the track record of glenmark from June 2004 to june 2007 and you will realize the potential of this stock as it gave 500% returns during that period.
Appears to be difficult in the near term as post Lehman Bros collapse and market crash, investors have become careful about valuations. Investors will look at proper earning visibility.
| NIFTY 
