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Cipla Ltd up for third consecutive session
21-Nov-19   13:05 Hrs IST

Cipla Ltd is up for a third straight session today. The stock is quoting at Rs 487.8, up 1.08% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.05% on the day, quoting at 11993.5. The Sensex is at 40640.4, down 0.03%. Cipla Ltd has gained around 7.47% in last one month.

Meanwhile, Nifty Pharma index of which Cipla Ltd is a constituent, has gained around 4.51% in last one month and is currently quoting at 8107.6, down 0.15% on the day. The volume in the stock stood at 40.64 lakh shares today, compared to the daily average of 41.47 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 487.9, up 1.14% on the day. Cipla Ltd is down 5.82% in last one year as compared to a 13.93% jump in NIFTY and a 12.97% jump in the Nifty Pharma index.

The PE of the stock is 16.48 based on TTM earnings ending September 19.

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