Cipla jumps 7% as co gets back to profit

Epic Update CiplaEpic Update Cipla

Shares of Cipla on Wednesday got a shot in the arm as the drugmaker swung back into profit. The stock went up as much as 7.8% to Rs 564.90 this morning — its biggest intraday percentage gain since February 8.
The company on Tuesday posted Q4 profit of Rs 179 crore ($26.24 million) against a loss of Rs 61.79 crore last year.

For Real Time News & Trading Trends Keep Liking Epic Research Private Limited

Facebook

Twitter

YouTube

Pinterest

Linkedin

Google+

Share Button

About the Author

Epic Research
Epic Research
Epic Research - Investment Adviser is a leading financial services provider with presence in Indian and other global capital markets. Call on - 0731-664-2300