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Cipla Ltd drops for fifth straight session

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Capital Market

The stock is quoting at Rs 589.75, down 0.15% on the day as on 13:24 IST on the NSE. Cipla Ltd jumped 5.12% in last one year as compared to a 14.41% rally in NIFTY and a 13.52% fall in the Nifty Pharma index.

Cipla Ltd fell for a fifth straight session today. The stock is quoting at 589.75, down 0.15% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is up around 0.42% on the day, quoting at 10763.25. The Sensex is at 35375.66, up 0.45%.Cipla Ltd has gained around 5.66% in last one month.Meanwhile, Nifty Pharma index of which Cipla Ltd is a constituent, has increased around 0.23% in last one month and is currently quoting at 8753.25, down 0.16% on the day. The volume in the stock stood at 3.33 lakh shares today, compared to the daily average of 19.09 lakh shares in last one month.

 

The benchmark May futures contract for the stock is quoting at Rs 593.25, down 0.18% on the day. Cipla Ltd jumped 5.12% in last one year as compared to a 14.41% rally in NIFTY and a 13.52% fall in the Nifty Pharma index.

The PE of the stock is 37.46 based on TTM earnings ending December 17.

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First Published: May 09 2018 | 1:36 PM IST

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