Cipla is currently trading at Rs. 570.70, up by 4.70 points or 0.83% from its previous closing of Rs. 566.00 on the BSE.
The scrip opened at Rs. 566.00 and has touched a high and low of Rs. 573.05 and Rs. 561.75 respectively. So far 44,225 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 660.00 on 29-Dec-2015 and a 52 week low of Rs. 458.25 on 25-May-2016.
Last one week high and low of the scrip stood at Rs. 581.05 and Rs. 560.00 respectively. The current market cap of the company is Rs. 45,899.52 crore.
The promoters holding in the company stood at 36.74%, while Institutions and Non-Institutions held 35.31% and 26.64% respectively.
Cipla has received final approval for its Abbreviated New Drug Application (ANDA) for Fenofibrate Tablets USP 48mg and 145mg, from the United States Food and Drug Administration (USFDA). Fenofibrate Tablets, USP 48mg and 145mg, are AB-rated generic equivalents of AbbVie’s Tricor Tablets and are indicated as adjunctive therapy to diet to reduce elevated low-density lipoproteincholesterol (LDL-C), total cholesterol (Total-C), Triglycerides and apolipoprotein B (Apo B), and to increase high-density lipoprotein cholesterol (HDL-C) in adult patients with primary hypercholesterolemia or mixed dyslipidemia.
Tricor Tablets and generic equivalents had US sales of approximately $307M for the 12 month period ending October 2016. Cipla’s Fenofibrate Tablets will be available for commercial shipment in the US in the coming weeks.
Cipla is a global pharmaceutical company which uses cutting edge technology and innovation to meet the everyday needs of all patients. For 80 years, Cipla has emerged as one of the most respected pharmaceutical names in India as well as across more than 100 countries.
| Company Name | CMP |
|---|---|
| Sun Pharma Inds. | 1774.00 |
| Dr. Reddys Lab | 1204.20 |
| Cipla | 1483.00 |
| Lupin | 2057.70 |
| Zydus Lifesciences | 945.25 |
| View more.. | |
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
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The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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