Cipla moves up on entering into agreement to become partner in ABCD Technologies LLP
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Cipla is currently trading at Rs. 818.95, up by 6.50 points or 0.80% from its previous closing of Rs. 812.45 on the BSE.
The scrip opened at Rs. 812.20 and has touched a high and low of Rs. 823.65 and Rs. 805.30 respectively. So far 118770 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 878.55 on 03-Feb-2021 and a 52 week low of Rs. 410.60 on 01-Apr-2020.
Last one week high and low of the scrip stood at Rs. 823.65 and Rs. 781.50 respectively. The current market cap of the company is Rs. 66303.38 crore.
The promoters holding in the company stood at 36.70%, while Institutions and Non-Institutions held 40.05% and 23.25% respectively.
Cipla has entered into an agreement to become a partner in ABCD Technologies LLP (to be renamed as IndoHealth Services LLP). The target entity is a recently incorporated limited liability partnership (LLP) and is yet to commence business activities.
Cipla is a global pharmaceutical company which uses cutting edge technology and innovation to meet the everyday needs of all patients.
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Cipla trades higher on the BSE
