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Cipla Ltd spurts 2.19%, rises for third straight session

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Capital Market

Cipla Ltd is quoting at Rs 689.3, up 2.19% on the day as on 12:54 IST on the NSE. The stock is up 26.01% in last one year as compared to a 6.76% fall in NIFTY and a 27.39% fall in the Nifty Pharma index.

Cipla Ltd rose for a third straight session today. The stock is quoting at Rs 689.3, up 2.19% 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%. Cipla Ltd has added around 7.36% in last one month.

 

Meanwhile, Nifty Pharma index of which Cipla Ltd is a constituent, has added 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 123.16 lakh shares today, compared to the daily average of 67.79 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 690.6, up 2.27% on the day. Cipla Ltd is up 26.01% in last one year as compared to a 6.76% fall in NIFTY and a 27.39% fall in the Nifty Pharma index.

The PE of the stock is 23.46 based on TTM earnings ending March 20.

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

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