Cipla share price hits 52-week high after sales propel Q1 earnings
Cipla share price gained over 6% today after the firm reported a 26.58 per cent rise in its consolidated net profit in June quarter. Cipla share price rose 6.64% in early trade to fresh 52 week high of Rs 777 against earlier close of Rs 728.60 on BSE.
Cipla stock price has risen 8.09% in one week, 20% in one month and 60.52% since the beginning of the year. Cipla stock opened with a gain of 4.78% at Rs 763.40 on BSE.
Market capitalisation of the firm rose to Rs 61,751 crore as of today’s ses…