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Cipla Ltd up for third consecutive session

11-Sep-24 13:06 Hrs IST

Cipla Ltd is up for a third straight session today. The stock is quoting at Rs 1650.9, up 1.16% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.15% on the day, quoting at 25079.75. The Sensex is at 82016.27, up 0.12%. Cipla Ltd has gained around 4.08% in last one month.

Meanwhile, Nifty Pharma index of which Cipla Ltd is a constituent, has gained around 5.47% in last one month and is currently quoting at 23256.85, up 0.71% on the day. The volume in the stock stood at 5.78 lakh shares today, compared to the daily average of 13.46 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 1652.1, up 0.96% on the day. Cipla Ltd is up 33.16% in last one year as compared to a 25.44% jump in NIFTY and a 52.79% jump in the Nifty Pharma index.

The PE of the stock is 33.18 based on TTM earnings ending June 24.

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