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Cipla Ltd in demand

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Capital Market
Last Updated : Mar 30 2020 | 1:31 PM IST

Cipla Ltd is quoting at Rs 422.7, up 3.69% on the day as on 12:54 IST on the NSE. The stock is down 19.59% in last one year as compared to a 27.8% drop in NIFTY and a 26.43% drop in the Nifty Pharma index.

Cipla Ltd gained for a third straight session today. The stock is quoting at Rs 422.7, up 3.69% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is down around 2.71% on the day, quoting at 8425.45. The Sensex is at 28896.49, down 3.08%. Cipla Ltd has risen around 5.16% in last one month.

Meanwhile, Nifty Pharma index of which Cipla Ltd is a constituent, has risen around 8.46% in last one month and is currently quoting at 6813.05, up 1.24% on the day. The volume in the stock stood at 54.89 lakh shares today, compared to the daily average of 52.84 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 424.5, up 4.34% on the day. Cipla Ltd is down 19.59% in last one year as compared to a 27.8% drop in NIFTY and a 26.43% drop in the Nifty Pharma index.

The PE of the stock is 14.03 based on TTM earnings ending December 19.

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First Published: Mar 30 2020 | 1:06 PM IST

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