Gland Pharma Ltd dropped for a fifth straight session today. The stock is quoting at Rs 2870, down 0.16% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.43% on the day, quoting at 16056.3. The Sensex is at 53878.74, down 0.32%.Gland Pharma Ltd has lost around 8.68% in last one month.Meanwhile, Nifty Pharma index of which Gland Pharma Ltd is a constituent, has eased around 6.19% in last one month and is currently quoting at 12691.6, down 0.63% on the day. The volume in the stock stood at 2.32 lakh shares today, compared to the daily average of 1.95 lakh shares in last one month.
The PE of the stock is 38.99 based on TTM earnings ending March 22.