Cipla Ltd drops for fifth straight session

Capital Market 

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

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 is up around 0.42% on the day, quoting at 10763.25. The Sensex is at 35375.66, up 0.45%.Ltd has gained around 5.66% in last one month.Meanwhile, index of which 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. jumped 5.12% in last one year as compared to a 14.41% rally in NIFTY and a 13.52% fall in the index.

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

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First Published: Wed, May 09 2018. 13:36 IST