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Cipla Ltd falls around 2%

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Capital Market

Cipla Ltd is quoting at Rs 518.25, down 2.01% on the day as on 13:24 IST on the NSE. The stock tumbled 16.93% in last one year as compared to a 1.25% rally in NIFTY and a 11.6% fall in the Nifty Pharma index.

Cipla Ltd is down for a fifth straight session today. The stock is quoting at Rs 518.25, down 2.01% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 0.53% on the day, quoting at 11271.35. The Sensex is at 37839.21, down 0.38%.Cipla Ltd has lost around 5.78% in last one month.Meanwhile, Nifty Pharma index of which Cipla Ltd is a constituent, has eased around 0.23% in last one month and is currently quoting at 8063.65, down 1.67% on the day. The volume in the stock stood at 17.08 lakh shares today, compared to the daily average of 11.13 lakh shares in last one month.

 

The benchmark July futures contract for the stock is quoting at Rs 517.3, down 2.13% on the day. Cipla Ltd tumbled 16.93% in last one year as compared to a 1.25% rally in NIFTY and a 11.6% fall in the Nifty Pharma index.

The PE of the stock is 23.59 based on TTM earnings ending March 19.

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First Published: Jul 24 2019 | 1:35 PM IST

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