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Cipla Ltd rises for fifth straight session

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Capital Market
Last Updated : Sep 11 2018 | 3:50 PM IST

The stock is quoting at Rs 669, up 0.14% on the day as on 12:44 IST on the NSE. Cipla Ltd is up 19.36% in last one year as compared to a 13.16% spurt in NIFTY and a 16.49% spurt in the Nifty Pharma.

Cipla Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 669, up 0.14% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.15% on the day, quoting at 11421.4. The Sensex is at 37874.98, down 0.12%. Cipla Ltd has risen around 6.48% in last one month.

Meanwhile, Nifty Pharma index of which Cipla Ltd is a constituent, has risen around 14.08% in last one month and is currently quoting at 10446.5, up 0.32% on the day. The volume in the stock stood at 14.91 lakh shares today, compared to the daily average of 25.75 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 668.8, up 0.13% on the day. Cipla Ltd is up 19.36% in last one year as compared to a 13.16% spurt in NIFTY and a 16.49% spurt in the Nifty Pharma index.

The PE of the stock is 32.38 based on TTM earnings ending June 18.

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First Published: Sep 11 2018 | 1:00 PM IST

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