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Cipla Ltd up for third straight session

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Capital Market

Cipla Ltd is quoting at Rs 474.35, up 1.1% on the day as on 12:49 IST on the NSE. The stock is down 15.75% in last one year as compared to a 13.28% spurt in NIFTY and a 15.97% spurt in the Nifty Pharma index.

Cipla Ltd gained for a third straight session today. The stock is quoting at Rs 474.35, up 1.1% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.26% on the day, quoting at 11921.35. The Sensex is at 40222.61, up 0.14%. Cipla Ltd has risen around 16.19% in last one month.

 

Meanwhile, Nifty Pharma index of which Cipla Ltd is a constituent, has risen around 11.21% in last one month and is currently quoting at 7949.45, up 0.01% on the day. The volume in the stock stood at 13.39 lakh shares today, compared to the daily average of 36.21 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 476.15, up 1.03% on the day. Cipla Ltd is down 15.75% in last one year as compared to a 13.28% spurt in NIFTY and a 15.97% spurt in the Nifty Pharma index.

The PE of the stock is 17.25 based on TTM earnings ending June 19.

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First Published: Nov 04 2019 | 1:05 PM IST

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