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Cipla Ltd slips for fifth straight session

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Capital Market

The stock is quoting at Rs 523.9, down 0.11% on the day as on 13:29 IST on the NSE. Cipla Ltd tumbled 2.04% in last one year as compared to a 10.19% rally in NIFTY and a 10.61% fall in the Nifty Pharma index.

Cipla Ltd is down for a fifth straight session today. The stock is quoting at 523.9, down 0.11% on the day as on 13:29 IST on the NSE. The benchmark NIFTY is down around 0.33% on the day, quoting at 10660.7. The Sensex is at 35141.4, down 0.24%.Cipla Ltd has lost around 11.36% in last one month.Meanwhile, Nifty Pharma index of which Cipla Ltd is a constituent, has eased around 5.97% in last one month and is currently quoting at 8213.2, up 0.46% on the day. The volume in the stock stood at 8.29 lakh shares today, compared to the daily average of 22.83 lakh shares in last one month.

 

The benchmark June futures contract for the stock is quoting at Rs 520.75, down 0.31% on the day. Cipla Ltd tumbled 2.04% in last one year as compared to a 10.19% rally in NIFTY and a 10.61% fall in the Nifty Pharma index.

The PE of the stock is 27.57 based on TTM earnings ending March 18.

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First Published: Jun 04 2018 | 1:35 PM IST

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