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Cipla Ltd extends losses

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Capital Market
Last Updated : Jan 22 2019 | 2:31 PM IST

Cipla Ltd is quoting at Rs 506.15, down 0.61% on the day as on 13:19 IST on the NSE. The stock tumbled 18.67% in last one year as compared to a 1.74% slide in NIFTY and a 9.39% fall in the Nifty Pharma index.

Cipla Ltd is down for a fifth straight session today. The stock is quoting at 506.15, down 0.61% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.65% on the day, quoting at 10890.4. The Sensex is at 36335.67, down 0.67%.Cipla Ltd has lost around 2.44% in last one month.Meanwhile, Nifty Pharma index of which Cipla Ltd is a constituent, has increased around 1.42% in last one month and is currently quoting at 8734.7, up 1.32% on the day. The volume in the stock stood at 8.04 lakh shares today, compared to the daily average of 15.29 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 507.15, down 0.77% on the day. Cipla Ltd tumbled 18.67% in last one year as compared to a 1.74% slide in NIFTY and a 9.39% fall in the Nifty Pharma index.

The PE of the stock is 24.76 based on TTM earnings ending September 18.

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First Published: Jan 22 2019 | 1:35 PM IST

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