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Cipla Ltd Share Price (CIPLA)

₹1375.20.45%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Cipla Ltd share Performance

  • ₹1371.55
    ₹1391.95
    ₹1375.2
    downward going graph

    0.27%

    Low

    Day's Volatility:1.48%

    High

    1.22%

    downward going graph
  • ₹896.3
    ₹1519
    ₹1375.2
    downward going graph

    34.82%

    Low

    52 Weeks Volatility:45.28%

    High

    10.46%

    downward going graph
1 Month Return-7.61 %
3 Month Return6.28 %
1 Year Return51.71 %
Previous Close₹1,381.40
Open₹1,385.00
Volume14.34L
Upper Circuit-
Lower Circuit-
Market Cap₹1,11,029.12Cr

Analyst Rating for Cipla Ltd stock

based on 35 analysts

BUY
65.71%
Buy
14.29%
Hold
20.00%
Sell

Based on 35 analysts offering long term price targets for Cipla Ltd. An average target of ₹1449.31

Source: S&P Global Market Intelligence

Company Information

Cipla Ltd is an Indian multinational pharmaceutical and biotechnology company founded in 1935 by Dr. K.A. Hamied. It is headquartered in Mumbai, India and is one of the leading pharmaceutical companies in the world. Cipla has over 35000 employees and is present in 80+ countries. The company has a diversified product portfolio that includes active pharmaceutical ingredients (API), generics, OTC products, biosimilars, and nutraceuticals.

Cipla's operations include manufacturing, marketing, and distribution of pharmaceuticals, biotechnology, and consumer healthcare products. Its top products include respiratory, anti-infectives, cardiovascular, and oncology drugs. Popular brands include Asthalin, Cipcal, Cifran, and Erythromycin. Cipla also manufactures nutraceuticals, herbal products, and over-the-counter medicines.

Share Price: ₹1375.20 per share as on 17 Apr, 2024 02:04 AM
Market Capitalisation: ₹1,11,029.12Cr as of today
Revenue: ₹6,505.66Cr as on December 2023 (Q4 23)
Net Profit: ₹1,068.51Cr as on December 2023 (Q4 23)
Listing date: 03 Nov, 1994
Chairperson Name: Y K Hamied
OrganisationCipla Ltd
Headquarters
IndustryPharmaceuticals
E-voting on sharesClick here to vote

Key events for Cipla Ltd

  • Cipla Acquires Cosmetics Business, ICICI Sets Target Price - 17 Apr, 2024

    Cipla acquires Ivia Beaute's cosmetics and personal care distribution business for Rs 130 crore. ICICI Securities sets a buy call on Cipla with a target price of Rs 1,660 per share.

  • Cipla Acquires Cosmetics Business of Ivia Beaute - 16 Apr, 2024

    Cipla Health Limited has signed a business transfer agreement to purchase the distribution and marketing business undertaking of Ivia Beaute Private's cosmetics and personal care business, which includes brands like Astaberry, Ikin, and Bhimsaini on a worldwide basis. The acquisition cost is set at ₹130 crore.

  • Cipla's Subsidiary Acquires Cosmetics Business; Technical Analysis Suggests Weakness - 15 Apr, 2024

    Cipla Health Limited, a subsidiary of Cipla, has acquired the distribution and marketing business of Ivia Beaute Private Ltd for Rs 130 crore. However, technical analysis suggests further weakness in Cipla stock due to a confirmed Double Top pattern and negative divergence observed in RSI.

  • Cipla Ltd's Ownership Structure Analyzed by Experts - 12 Apr, 2024

    Experts analyze Cipla Ltd's ownership structure, with institutions holding a 39% stake and insiders owning a reasonable proportion. Deven Choksey believes that Cipla offers clarity from the point of view of complex genetics and growth.

  • Cipla Receives Six Observations from USFDA - 10 Apr, 2024

    The USFDA issued six observations for Cipla's Patalganga unit following a cGMP inspection. The company stated that it will work closely with the FDA to address these concerns within the stipulated timeframe. Cipla shares ended 1% lower at ₹1,449 and have declined in five out of the last six trading sessions.

  • Sanofi Forms Strategic Alliances with Cipla and Other Indian Pharma Firms - 07 Apr, 2024

    Sanofi has partnered with prominent Indian pharmaceutical companies, including Cipla, to expand the market penetration of its products in India. The collaborations aim to maximize the impact of existing products and extend their reach across the country.

  • Cipla Board Likely to Announce Dividend, Goa Plant Under Observation - 06 Apr, 2024

    Cipla is expected to declare a final dividend for FY 2023-24 on May 10th. The company reported a consolidated net profit of Rs 1,068.4 crore in the quarter ending December 2023. Meanwhile, Cipla's Goa plant is being observed, but its revenue growth has matched that of the sector.

  • Cipla Receives Observations from USFDA for Maharashtra Facility - 05 Apr, 2024

    The US FDA has issued Form 483 with six observations after inspecting Cipla's Patalganga manufacturing facility in Maharashtra. Meanwhile, Cipla reported strong financial results for Q3 FY24, with a significant increase in consolidated net profit and revenue from operations.

  • Cipla's Profit Set to Increase Due to Robust Growth in Respiratory Portfolio - 03 Apr, 2024

    Brokerage firm Sharekhan has highlighted a Buy call for Cipla, citing the company's strategic focus on complex respiratory products and resulting impact on margins. The report also predicts an upward trajectory for the company's profit.

  • Cipla Partners with Sanofi India for CNS Distribution - 27 Mar, 2024

    Cipla has entered into multiple partnerships and agreements to expand its healthcare offerings. The company is evaluating acquisitions in various areas and aims to become an integrated healthcare player. It has a net cash balance of Rs 7,143 crore as of December 2023.

  • Cipla Announces Distribution Partnership with Sanofi India - 26 Mar, 2024

    Cipla has entered into an exclusive distribution and marketing partnership with Sanofi India for the sale and promotion of its Central Nervous System (CNS) product line in India. Additionally, Cipla will transfer its generics business to its wholly-owned subsidiary, CPLS, for Rs 350 crore.

  • Cipla Ltd's Stock Up by 17% in Last Three Months - 22 Mar, 2024

    Cipla Ltd's stock has seen a significant increase of 17% over the last three months. The company's key performance indicators, including ROE and earnings growth, have been positive, but industry analyst forecasts predict a slowdown in earnings growth.

  • Jan Aushadhi Scheme Dominates India's Rs 10,000-Crore Generics Market - 19 Mar, 2024

    Cipla and Alkem are among the companies competing in India's small but growing generics market. However, the Jan Aushadhi scheme, a government initiative to provide affordable medicines, dominates the sector.

Fundamentals of Cipla Ltd

Insights on Cipla Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 16.45% to 16.63% in Dec 2023 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 33.40% of holdings in Dec 2023 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Sun Pharmaceuticals Industries Ltd has given 140.0% return, outperforming this stock by 94.7%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Sun Pharmaceuticals Industries Ltd has given 54.0% return, outperforming this stock by 2.3%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 month, CIPLA stock has moved down by -7.6%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 1.13K Cr → 1.05K Cr (in ₹), with an average decrease of 6.6% per quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 25.69% to 25.68% in Dec 2023 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 6.85K Cr → 6.78K Cr (in ₹), with an average decrease of 1.0% per quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 16.57% to 16.43% in Dec 2023 quarter

Cipla Ltd Valuation

Cipla Ltd in the last 5 years

  • Overview

  • Trends

Lowest (18.11x)

March 19, 2020

Today (29.93x)

April 16, 2024

Industry (60.97x)

April 16, 2024

Highest (42.80x)

January 23, 2018

LowHigh

Mutual Fund Holdings

Funds Holdings
HDFC Flexi Cap Fund -Direct Plan - Growth OptionHDFC Flexi Cap Fund -Direct Plan - Growth Option5.59%
SBI Equity Hybrid Fund Direct GrowthSBI Equity Hybrid Fund Direct Growth2.23%
HDFC ELSS TaxSaver -Direct Plan - Growth OptionHDFC ELSS TaxSaver -Direct Plan - Growth Option5.56%
Parag Parikh Flexi Cap Direct GrowthParag Parikh Flexi Cap Direct Growth1.03%
Kotak Flexicap Fund Direct GrowthKotak Flexicap Fund Direct Growth1.34%

Shareholding Pattern

InvestorsHoldings %Prev. 4 periods3M change
Promoter Holdings
33.4%
0.00
Foreign Institutions
25.68%
-0.04
Mutual Funds
16.63%
1.11
Retail Investors
16.43%
-0.85
Others
7.87%
-0.38

Technicals of Cipla Ltd share

News & Events of Cipla Ltd

News

Big movers on D-Street: What should investors do with Canara Bank, Paytm and PB Fintech?

Stocks that were in focus included names like Canara Bank, which jumped nearly 0.62%, Paytm, which fell 1.16%, and PB Fintech, whose shares rose 3.22% on Wednes... Read more

12 Apr, 2024 07:49 AM

Paytm denies government withheld its plea to invest in payment services arm

Earlier this year, it was reported that the Centre was reportedly examining foreign direct investment (FDI) originating from China in Paytm Payments Services Lt... Read more

16 Apr, 2024 09:56 PM

Paytm Starts User Migration To New UPI IDS And How It Will Affect You? Read Inside

OCL, Paytm's parent firm, has initiated the migration process of its customers to new payment service provider banks after the NPCI gave its nod for the same.

17 Apr, 2024 10:13 PM
View More

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Cipla Ltd (CIPLA) share price today is ₹1375.2

Cipla Ltd is listed on NSE

Cipla Ltd is listed on BSE

  • Today’s highest price of Cipla Ltd is ₹1391.95.
  • Today’s lowest price of Cipla Ltd is ₹1371.55.

PE Ratio of Cipla Ltd is 29.93

PE ratio = Cipla Ltd Market price per share / Cipla Ltd Earnings per share

Today’s traded volume of Cipla Ltd(CIPLA) is 14.34L.

Today’s market capitalisation of Cipla Ltd(CIPLA) is ₹111029.12Cr.

Cipla Ltd(CIPLAPrice
52 Week High
₹1519
52 Week Low
₹896.3

Cipla Ltd(CIPLA) share price is ₹1375.2. It is down -9.47% from its 52 Week High price of ₹1519

Cipla Ltd(CIPLA) share price is ₹1375.2. It is up 53.43% from its 52 Week Low price of ₹896.3

Cipla Ltd(CIPLAReturns
1 Day Returns
-6.2%
1 Month Returns
-7.61%
3 Month Returns
6.28%
1 Year Returns
51.71%