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GlaxoSmithKline Pharmaceuticals Limited (NSE India Code : GLAXO)       SELL

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GLAXO Technical Levels

Resistance 2 2157.97
Resistance 1 2069.13
PIVOT 1935.17
Support 1 1846.33
Support 2 1623.53

GLAXO Fundamentals

Earning Growth -7.57%
Profit Margin 18.10
PE 29.80
EPS 71.50
Quarter 30-Sep-11

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GLAXO Share Price on 5-10-2012

Open 1940
High 1955
Low 1933
Close 1943.05
Volume 35432
Change -9.05 (-0.46%)
Series EQ
Date of Listing 15-Dec-00
Paid Up Value 10
Face Value 10
Market Capital 8119.14 Crores
52 Week High/Low 2360 / 1801.2
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GlaxoSmithKline Pharmaceuticals Limited Company Profile

Incorporated in 1924 as H J Foster and Co, Glaxo India became a wholly-owned subsidiary of Joseph Nathan and Co., UK. Later in 1947, the company was renamed as Glaxo Laboratories (India). In 2000, Glaxo Wellcome plc and SmithKline plc merged under an agreement to form a new company, named GlaxoSmithKline plc. With this merger, Glaxo India is now an affiliate of GlaxoSmithKline plc, which holds 51 per cent of the equity. Its principal products are, Betamethasone based topical steroids, Betnovate-C, Betnovate-M, and Betnovate- GM. It also makes tablets from the same pharmaceutical ingredient, which is marketed under the brand name Betnesol. Its other key products are Cephalosporin, Ceftum, H2 blocker based on Ranitidine, Zinetac and the vitamin Celin. Glaxo manufactures the bulk drug from the basic stage, furfuryl alcohol, employing the technology developed by its parent, Glaxo Wellcome, UK. The company also markets over-the-counter (OTC) medicines, dental products, smoking control products and nutritional healthcare drinks. Occupying a 6.5 per cent market share (2005), the company has Biddle Sawyer as its subsidiary. The company recently launched four new products licensed from companies in the US and Japan viz. Parit (Rabeprazole) in alliance with Eisai, Japan, Ferronine (a novel chelated iron) in alliance with Albion, USA and two new oral contraceptives in alliance with Organon. GSK plans to focus on the development of new technologies for Betamethasone, Clobetasone, Clobetasol and collaborative research work with GlaxoSmithKline - R&D, UK.

GLAXO Intraday Realtime Chart

GLAXO Corporate Announcements

DATE PURPOSE
03-Aug-12 Retirement of Director
25-May-12 Minutes of Annual General Meeting
07-May-12 Financial Result Updates
16-Feb-12 Dividend
16-Feb-12 Book Closure

GLAXO Corporate Actions

DATE PURPOSE
29-Mar-12 DIVIDEND-RS.45/- PR SHARE
29-Mar-12 Dividend Rs.45/- Per Share
14-Mar-11 Dividend-Rs.40/- Per Share

GLAXO Board Meetings

MEETING DATE PURPOSE
13-Aug-12 Results/Others
07-May-12 Results/Others
16-Feb-12 Results/Dividend
04-Nov-11 Results/Others
10-Aug-11 Results/Others

GLAXO Related companies

Symbol Company Name
AARTIDRUGS Aarti Drugs Limited
ABBOTINDIA Abbott India Limited
AJANTPHARM Ajanta Pharma Limited
ALCHEM Alchemist Limited
ALKALI Alkali Metals Limited

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