Discover and read the best of Twitter Threads about #GLENMARK

Most recents (9)

Glenmark Life Sciences IPO Review (Includes points from the IPO Press Conference)
#glenmark #glenmarklifesciences #glenmarkipo #cavarunagarwal
1. Glenmark Life Sciences is an API division doing pure play API business. Spun off in 2019 and operates as an independent professionally managed business.
2. Leading developer and manufacturer of non-commoditized APIs in chronic therapeutic areas, including cardiovascular disease (CVS), central nervous system disease (CNS), pain management, and diabetes. 120+ products.
Read 22 tweets
Stocks for 24/09/20 Intraday

Based on NR7:


Based on NR4:


Including NR4 too to increase my options for tomorrow
Some of you asked what I meant by "Volatility Concept"
while selecting stocks

Basically, you don't want stocks which are not moving organically, doing pump/dump, staying flat, or forming too many gaps

These were NR7 stocks which I rejected because of above reasons:
Results of the Day: 4/10 Stocks gave tradeable moves

A tricky, no easy setups day today

1/4 : #KOTAKBANK : PROFIT : +1.7R

As posted earlier:

It gave a loss of -1R, followed by another signal giving +2R
Read 6 tweets
Stocks for 14/08/20 Intraday


Based on NR7, Volume and Volatility concepts
Results of the Day : 3/11 Stocks gave tradeable moves. A great day for me since there was a lot of Volatility and I read the price action well.

My best price action read today :

Price started Bullish but found resistance at 11th Aug high. Short trade taken after bearish confirmation and Exited as per my rules.

Tip #2 in pinned tweets was KEY in securing higher profits

+4.5R profits booked Image
Read 5 tweets
Stocks for 12/08/20 Intraday


Based on NR7, Volume and Volatility concepts
Results of the Day : 2/8 Stocks gave tradeable moves


Starting the day Bullish, the stock was running out of bullish pressure near previous day's high, hinted by increasing volumes but small range candles.

+1R profits booked because of Bullish wick. Image

- The stock wicked on both sides at the Start of day but Bullish candles came in with increasing Volumes.
- Price took support at VWAP continuously
- Notice the presence of Very few Bearish candles

+3R profits booked.

Please Like / Retweet Image
Read 3 tweets
My quick comments on the #Favipiravir study results released by #GLENMARK in a press release.

Did Favipiravir succeed in achieving faster viral clearance? No. The difference between the two arms of the study lacks statistical significance. The 95% CIs cross 1. N/1 Image
What about secondary endpoints? Would you pay Rs 12500 for a drug that promises to make you fever-free a day earlier?

Look at the 95% CIs again- they barely float above 1! Not impressive! And were these patients hypoxic? The data does not tell us. 2/2 Image
#Favipiravir group tended to require oxygen late compared to the usual care group.

OK. The trouble is, we do not know, eventually how many required oxygen in each group. 95% Cis touch 1- meaning no difference between the two groups. 3/4 Image
Read 5 tweets
#TweetStorm - 1) The Curious Case of #GlenmarkPharma and #Favipiravir. The The number of articles on Favipiravir and Glenmark Pharma have shot through the roof. We will look at it from a price,volumes and search perspective.
Stock price shot up 40% in the day and closed 27% on 22nd June 2020. Added almost a 3000-4000 cr market cap coz of this move.
Stock price fell 6.7% on 23rd June 2020.From a low of 160-200 in March the stock has moved up to 500+ but is still down from peaks of 1250. Image
The total number of shares of the #GlenmarkPharma are 28.2cr shares. 1.55 cr delivery volumes on 22nd June 2020 means almost 5.5-6% of the company shares in delivery volumes. Add another 2-2.5% today.
Almost 11-13% of Free Float got delivered on 22nd June 2020 !! Pic @stockedge Image
Read 7 tweets
#Glenmark #favipiravir grabbed attention for its role in mild cases of #covid
But mild cases dont need much other than supportive treatment
Home quarantine, nutritional supplements in form of vitamin,zinc
Symptomatic treatment for fever,cough,bodyache
Monitor O2 levels,fever
Severe #coronavirus cases develop cytokine storm on a few instances
CRP, PCT, IL-6, ESR, SAA, and serum ferritin are indicators for severity of COVID-19
Inj Methylprednisolone, dexamethasone and inj Tocilizumab are used to suppress the inflammatory response
Inj Tocilizumab developed by Roche, marketed by Cipla in India is being used in severe cases of #covid19 with extreme immune response termed cytokine storm leading to multiorgan failure & death
Inj #tocilizumab slows the cytokine storm by modulating IL-6
@Roche @Cipla_Global
Read 4 tweets
There's buzz about #Glenmark new drug #Favipiravir for #COVID__19
Do we have the data based on which approval was granted? @CDSCO_INDIA_INF
Given the desperate situation, physicians & patients are likely to flock to get this, but do we have some hard outcomes to show it helps?
I tried to find published studies on #Favipiravir but haven't yet found supportive data in the searches I did. Would be grateful if someone could point out the evidence. And I hope it's not a single arm study where x% improved because x% could have improved anyway.
If our standards for other drugs are well conducted randomized trials, let's not lower the bar for #Favipiravir just because someone's marketing it, and we don't have any eligible candidates at hand. #EvidenceBasedMedicine
Read 3 tweets
Bought #GLENMARK at 413.70 with SL at 380
Covered #GLENMARK half quantity at 470.74. SL for rest cost to cost now.
Covered Glenmark at second circuit at 491.
Read 3 tweets

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