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Published on 27/10/2021 12:59:43 PM | Source: Accord Fintech

Cipla soars on reporting 7% rise in Q2 consolidated net profit

Posted in Stock Market| #Cipla Ltd #Stock Market #Pharma Sector

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Cipla is currently trading at Rs. 919.65, up by 12.35 points or 1.36% from its previous closing of Rs. 907.30 on the BSE.

The scrip opened at Rs. 920.00 and has touched a high and low of Rs. 924.30 and Rs. 903.05 respectively. So far 61355 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1005.00 on 29-Sep-2021 and a 52 week low of Rs. 706.45 on 10-Nov-2020.

Last one week high and low of the scrip stood at Rs. 924.30 and Rs. 878.45 respectively. The current market cap of the company is Rs. 73768.47 crore.

The promoters holding in the company stood at 36.12%, while Institutions and Non-Institutions held 45.83% and 18.05% respectively.

Cipla has reported a rise of 4.93% in its net profit at Rs 782.37 crore for the quarter ended September 30, 2021 as compared to Rs 745.64 crore for the same quarter in the previous year. Total income of the company increased by % at Rs 4,132.76 crore for Q2FY22 as compared Rs 3,847.06 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 6.90% in its net profit attributed to the owners at Rs 711.36 crore for the quarter ended September 30, 2021 as compared to Rs 665.43 crore for the same quarter in the previous year. Total income of the company increased by 9.60% at Rs 5,580.47 crore for Q2FY22 as compared Rs 5,091.76 crore for the corresponding quarter previous year.