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Cipla Ltd is up for a fifth straight session today. The stock is quoting at Rs 1517.2, up 0.42% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.38% on the day, quoting at 25199.55. The Sensex is at 82711.36, up 0.39%. Cipla Ltd has gained around 0.37% in last one month.
Meanwhile, Nifty Pharma index of which Cipla Ltd is a constituent, has gained around 4.47% in last one month and is currently quoting at 21948, up 0.45% on the day. The volume in the stock stood at 6.69 lakh shares today, compared to the daily average of 19.71 lakh shares in last one month.
The benchmark June futures contract for the stock is quoting at Rs 1524.2, up 0.71% on the day. Cipla Ltd is down 1.54% in last one year as compared to a 8.05% jump in NIFTY and a 11.69% jump in the Nifty Pharma index.
The PE of the stock is 24.77 based on TTM earnings ending March 25.
Cipla announced that Cipla (EU), UK, a wholly owned subsidiary of the Company, has incorporated a new wholly owned subsidiary named ‘CiplaRna GmbH' in Germany, effective 28 May 2025.
CiplaRna has been incorporated with the objective of establishing a laboratory for mRNA-based formulation and drug development support.