• SENSEX
    NIFTY 50
VIDEOS
Market

Stock 360: Tracking Cipla's 52-week high; what's making it tick?

Updated : September 18, 2020 05:21 PM IST

Pharma major Cipla Ltd has been up 12 percent this week, up 14 percent this month, and up 70 percent for the year. On Friday, the stock made a fresh 52-week high and a fresh lifetime high as well. It is a stock which is correcting 2-2.5 years of underperformance.

The move is on the back of Irish pharma company Perrigo voluntarily recalling its inhaler. Analysts are now building in $60 million in sales for the company. However, the big question is how much of that gets priced in. CNBC-TV18’s Anuj Singhal in the special segment Stock 360 gets a detailed view on the stock.

To watch other videos in this series, click the Stock 360 tab below.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more
Live TV

recommended for you

Advertisement