Cipla Ltd rose for a fifth straight session today. The stock is quoting at Rs 1493.85, up 1.46% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.98% on the day, quoting at 23962.25. The Sensex is at 79274.83, down 1.13%. Cipla Ltd has added around 1.93% in last one month. Meanwhile, Nifty Pharma index of which Cipla Ltd is a constituent, has added around 3.99% in last one month and is currently quoting at 22314.55, up 1.32% on the day. The volume in the stock stood at 20.09 lakh shares today, compared to the daily average of 26.41 lakh shares in last one month. The benchmark December futures contract for the stock is quoting at Rs 1501.95, up 1.99% on the day. Cipla Ltd is up 20.84% in last one year as compared to a 13.3% gain in NIFTY and a 40.24% gain in the Nifty Pharma index.The PE of the stock is 28.08 based on TTM earnings ending September 24.Powered by Capital Market - Live

Cipla said it has received the nod from Central Drugs Standard Control Organisation (CDSCO) for the exclusive distribution and marketing of Afrezza - inhalation human insulin in India. Greaves Cotton board approved OFS of certain shares of arm Greaves Electric held by the company in the proposed IPO. PC Jeweller to issue 5.2 crore equity shares to consortium lenders at an issue price of Rs 292 each. Shriram Finance completed the sale of entire 84.4% stake in arm Shriram Housing Finance to Warburg Pincus for Rs 3,929 crore. Grasim Industries board approved a fund raise of up to Rs 2,000 crore via NCDs on a private placement basis. Gland Pharma received a US FDA approval for Phytonadione Injectable Emulsion. The product is indicated in coagulation disorders caused by Vitamin K deficiency. Ami Organics approved enhancement in capital expenditure of Rs 177 crore for its brownfield project of electrolytes additives products at Jnagadia facility in Gujarat. Reliance Power arm won a 930 MW solar energy contract with battery energy storage system project (BESS) from Solar Energy Corporation of India (SECI) in a reverse e-auction. Sammaan Capital board approved a fundraising plan of up to Rs 2,500 crore via qualified institutional placement. Godawari Power & Ispat has entered into an agreement with GAIL for supply of RLNG Gas for the company's upcoming pellet plant in the ordinary course of business for a period of 7 years. Powered by Capital Market - Live

Cipla Ltd is down for a fifth straight session today. The stock is quoting at Rs 1456.05, down 0.88% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.35% on the day, quoting at 24533.8. The Sensex is at 81280.68, down 0.28%.Cipla Ltd has lost around 6.23% in last one month.Meanwhile, Nifty Pharma index of which Cipla Ltd is a constituent, has eased around 0.66% in last one month and is currently quoting at 22309.1, down 0.5% on the day. The volume in the stock stood at 17.34 lakh shares today, compared to the daily average of 23.86 lakh shares in last one month. The benchmark December futures contract for the stock is quoting at Rs 1462.05, down 0.81% on the day. Cipla Ltd jumped 21.11% in last one year as compared to a 16.84% rally in NIFTY and a 38.38% spurt in the Nifty Pharma index.The PE of the stock is 28.03 based on TTM earnings ending September 24.Powered by Capital Market - Live

Cipla Ltd fell for a fifth straight session today. The stock is quoting at Rs 1478.6, down 1.41% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.34% on the day, quoting at 23452.35. The Sensex is at 77362.6, down 0.28%.Cipla Ltd has eased around 2.96% in last one month.Meanwhile, Nifty Pharma index of which Cipla Ltd is a constituent, has eased around 6.32% in last one month and is currently quoting at 21752, down 0.42% on the day. The volume in the stock stood at 10.32 lakh shares today, compared to the daily average of 28.45 lakh shares in last one month. The benchmark November futures contract for the stock is quoting at Rs 1481.85, down 1.3% on the day. Cipla Ltd jumped 18.56% in last one year as compared to a 19.08% rally in NIFTY and a 37.04% spurt in the Nifty Pharma index.The PE of the stock is 28.61 based on TTM earnings ending September 24.Powered by Capital Market - Live

Cipla has allotted 17,064 fully paid-up equity shares of Rs 2 each, pursuant to exercise of employee stock options / stock appreciation rights under the Employee Stock Option Scheme 2013-A and Cipla Employee Stock Appreciation Rights Scheme 2021 of the Company. Consequently, the issued, subscribed and paid-up share capital of the Company stands increased to Rs 1,61,52,25,016 comprising of 80,76,12,508 equity shares of face value Rs 2 each. Powered by Capital Market - Live

The United States Food and Drug Administration (USFDA) conducted routine current Good Manufacturing Practices (cGMP) inspection at Goa manufacturing facility from 10 to 21 June 2024. On conclusion, the company received 6 inspectional observations in Form 483. The pharma company has now received communication from the USFDA stating the unit as VAI. According to media reports, 'This VAI is important milestone as it has opened the doors for the company to go ahead and launch Abraxane, a paclitaxel-based chemotherapy drug used to treat cancer with a market size of over $700 million. Currently, only Sandoz has received approval for the same in October 2024.' Cipla is a global pharmaceutical company focused on agile and sustainable growth, complex generics, and deepening portfolio in our home markets of India, South Africa, North America, and key regulated and emerging markets. The pharma major's consolidated net profit jumped 15.18% to Rs 1,302.53 crore on 5.58% rise in total revenue from operations to Rs 7,051.02 crore in Q2 FY25 over Q2 FY24.Powered by Capital Market - Live

Net profit of Cipla rose 15.18% to Rs 1302.53 crore in the quarter ended September 2024 as against Rs 1130.91 crore during the previous quarter ended September 2023. Sales rose 5.65% to Rs 6961.22 crore in the quarter ended September 2024 as against Rs 6589.22 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales6961.226589.22 6 OPM %27.0926.31 - PBDT2060.801884.27 9 PBT1789.061594.23 12 NP1302.531130.91 15 Powered by Capital Market - Live

Total revenue from operations grew by 5.58% year on year (YoY) to Rs 7,051.02 crore in the quarter ended 30 September 2024. Profit before tax was at Rs 1,789.06 crore in the September quarter, up 12.22% from Rs 1,594.23 crore recorded in Q2 FY24. EBITDA in Q2 FY25 stood at Rs 1,886 crore, registering a growth of 11.6% on YoY basis. EBITDA margin improved to 26.7% as compared to 26% recorded in the corresponding quarter previous year. In Q2 FY25, One India Business recorded a 5% year-on-year growth. The Branded Prescription segment continued to outperform the market in key chronic therapies, while CHL delivered strong growth of 21% YoY. However, the business faced historically slow seasonal growth in the Acute category, which impacted both the Branded Prescription and Trade Generics business. The North America business delivered quarterly revenue of $237 million, reflecting a 4% YoY increase, supported by traction in differentiated portfolio. One Africa business is Progressing on the journey of strengthening the Africa story, the North Africa business which was a part of Emerging markets and Europe is now merged with SAGA region which is renamed as One Africa. This consolidation has resulted in a robust momentum, with overall revenue growth of 22%. Emerging Markets and Europe reported strong revenue growth of 18% in USD terms. Research and development (R&D) investments stood Rs 385 crore, or 5.5% of sales, reflecting a 2% YoY increase driven by product filings and development efforts. The company maintains a strong net cash position of Rs 7,950 crore. The debt primarily consists of lease liabilities and working capital requirements. Umang Vohra, MD and Global CEO at Cipla, said, 'I am pleased to share that we continue to make considerable progress across our focused markets. In Q2 FY25, we recorded a revenue growth of 9% over last year with a highest-ever EBITDA margin of 26.7%, driven by mix and other operational efficiencies. Our One-India business was impacted during the quarter due to changed seasonal pattern, however key chronic therapies in Branded Prescription business continued to grow faster than the market. Consumer health business grew at a strong 21% YoY. With our concentrated focus in differentiated portfolio, the US business posted a revenue of $ 237 Mn. In South Africa, we recorded a solid growth of 22% YoY in local currency terms, led by Private Market. Emerging Markets and Europe delivered a robust revenue growth of 18% YoY on the back of deep market focus strategy. Going ahead, focus will be on growing our key markets, further building our flagship brands, investing in future pipeline as well as focusing on resolutions on the regulatory front'. Cipla is a global pharmaceutical company focused on agile and sustainable growth, complex generics, and deepening portfolio in our home markets of India, South Africa, North America, and key regulated and emerging markets. The scrip slipped 1.70% to Rs 1,477.90 on the BSE. Powered by Capital Market - Live

Cipla announced that Cipla (EU), wholly owned subsidiary of the Company in UK has completed all the conditions with respect to acquisition of 6.9124% equity interest in Cipla (Jiangsu) Pharmaceuticals Co., China (Cipla Jiangsu) on 25 October 2024. Cipla Jiangsu is now a wholly owned step-down subsidiary of the Company. Powered by Capital Market - Live

Cipla Ltd is down for a fifth straight session today. The stock is quoting at Rs 1529.1, down 1.46% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.2% on the day, quoting at 24804.2. The Sensex is at 81203.95, down 0.03%.Cipla Ltd has lost around 7.78% in last one month.Meanwhile, Nifty Pharma index of which Cipla Ltd is a constituent, has increased around 0.38% in last one month and is currently quoting at 23356.2, down 0.58% on the day. The volume in the stock stood at 8.48 lakh shares today, compared to the daily average of 18.45 lakh shares in last one month. The benchmark October futures contract for the stock is quoting at Rs 1530, down 1.85% on the day. Cipla Ltd jumped 29.17% in last one year as compared to a 28.64% rally in NIFTY and a 55.73% spurt in the Nifty Pharma index.The PE of the stock is 31.55 based on TTM earnings ending June 24.Powered by Capital Market - Live