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Cadila Healthcare Ltd sees good buying

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Cadila Healthcare Ltd is quoting at Rs 373.15, up 3.39% on the day as on 12:54 IST on the NSE. The stock is up 61.43% in last one year as compared to a 6.76% slide in NIFTY and a 27.39% slide in the Nifty Pharma index.

Cadila Healthcare Ltd is up for a third straight session today. The stock is quoting at Rs 373.15, up 3.39% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.68% on the day, quoting at 10812.8. The Sensex is at 36671.01, up 0.55%. Cadila Healthcare Ltd has gained around 2.05% in last one month.

 

Meanwhile, Nifty Pharma index of which Cadila Healthcare Ltd is a constituent, has gained around 5.02% in last one month and is currently quoting at 10382.3, up 0.9% on the day. The volume in the stock stood at 51.23 lakh shares today, compared to the daily average of 34.73 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 375.2, up 3.59% on the day. Cadila Healthcare Ltd is up 61.43% in last one year as compared to a 6.76% slide in NIFTY and a 27.39% slide in the Nifty Pharma index.

The PE of the stock is 25.35 based on TTM earnings ending March 20.

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First Published: Jul 17 2020 | 1:05 PM IST

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