Wednesday 25 May 2016

Cipla plunges 4% post Q4 results

The company has posted a net profit after minority interest and share of profit of associates of Rs. 808.70 million for the quarter ended March 31, 2016 whereas the same was at Rs. 2596.60 million for the quarter ended March 31, 2015.

CiplaCipla stock was lower by 4% at Rs. 476. The company has posted a net profit after minority interest and share of profit of associates of Rs. 808.70 million for the quarter ended March 31, 2016 whereas the same was at Rs. 2596.60 million for the quarter ended March 31, 2015.

The scrip opened at Rs. 0 and touched a high and low of Rs. 0 and Rs. 0 respectively. A total of 2526624(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 39763.07 crore.

The BSE group 'A' stock of face value Rs. 2 touched a 52 week high of Rs. 748 on 17-Aug-2015 and a 52 week low of Rs. 492.35 on 24-May-2016. Last one week high and low of the scrip stood at Rs. 527.5 and Rs. 492.35 respectively.

The promoters holding in the company stood at 36.78 % while Institutions and Non-Institutions held 34.17 % and 27.13 % respectively.

The stock traded below its 200 DMA.

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