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Cipla Ltd slips for fifth straight session

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Cipla Ltd is quoting at Rs 1529.1, down 1.46% on the day as on 13:19 IST on the NSE. The stock jumped 29.17% in last one year as compared to a 28.64% rally in NIFTY and a 55.73% spurt in the Nifty Pharma index.

Cipla Ltd is down for a fifth straight session today. The stock is quoting at Rs 1529.1, down 1.46% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.2% on the day, quoting at 24804.2. The Sensex is at 81203.95, down 0.03%.Cipla Ltd has lost around 7.78% in last one month.Meanwhile, Nifty Pharma index of which Cipla Ltd is a constituent, has increased around 0.38% in last one month and is currently quoting at 23356.2, down 0.58% on the day. The volume in the stock stood at 8.48 lakh shares today, compared to the daily average of 18.45 lakh shares in last one month.

 

The benchmark October futures contract for the stock is quoting at Rs 1530, down 1.85% on the day. Cipla Ltd jumped 29.17% in last one year as compared to a 28.64% rally in NIFTY and a 55.73% spurt in the Nifty Pharma index.

The PE of the stock is 31.55 based on TTM earnings ending June 24.

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First Published: Oct 21 2024 | 1:35 PM IST

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