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Cipla Ltd down for fifth straight session

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Capital Market
Last Updated : Mar 03 2023 | 2:31 PM IST

Cipla Ltd is quoting at Rs 879.5, down 0.78% on the day as on 13:19 IST on the NSE. The stock tumbled 5.55% in last one year as compared to a 8.16% rally in NIFTY and a 6.68% fall in the Nifty Metal index.

Cipla Ltd is down for a fifth straight session today. The stock is quoting at Rs 879.5, down 0.78% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 1.44% on the day, quoting at 17570.85. The Sensex is at 59721.61, up 1.38%.Cipla Ltd has lost around 14.6% in last one month.Meanwhile, Nifty Metal index of which Cipla Ltd is a constituent, has eased around 3.57% in last one month and is currently quoting at 11761.1, down 0.02% on the day. The volume in the stock stood at 10.4 lakh shares today, compared to the daily average of 17.99 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 885, down 0.82% on the day. Cipla Ltd tumbled 5.55% in last one year as compared to a 8.16% rally in NIFTY and a 6.68% fall in the Nifty Metal index.

The PE of the stock is 25.87 based on TTM earnings ending December 22.

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First Published: Mar 03 2023 | 1:35 PM IST

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