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Cipla Ltd drops for fifth straight session

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Capital Market
Last Updated : Oct 12 2022 | 3:04 PM IST

Cipla Ltd is quoting at Rs 1105.6, down 0.41% on the day as on 13:19 IST on the NSE. The stock jumped 21.03% in last one year as compared to a 6.11% slide in NIFTY and a 12.78% fall in the Nifty Metal index.

Cipla Ltd is down for a fifth straight session today. The stock is quoting at Rs 1105.6, down 0.41% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.4% on the day, quoting at 17051.95. The Sensex is at 57411.75, up 0.46%.Cipla Ltd has gained around 4.41% in last one month.Meanwhile, Nifty Metal index of which Cipla Ltd is a constituent, has increased around 0.46% in last one month and is currently quoting at 12826.8, down 0.18% on the day. The volume in the stock stood at 7.07 lakh shares today, compared to the daily average of 19.5 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 1106.8, down 0.34% on the day. Cipla Ltd jumped 21.03% in last one year as compared to a 6.11% slide in NIFTY and a 12.78% fall in the Nifty Metal index.

The PE of the stock is 30.65 based on TTM earnings ending June 22.

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First Published: Oct 12 2022 | 1:35 PM IST

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