CIPLA share price target
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| Cipla stock price target and stop loss for members only updated for 14th November 2018 | |||||||||||
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CIPLA Ltd is recently witnessing sharp selling pressure from higher levels around Rs.650 because company’s Q2 profits missed the analysts expectations. Net profit decline to Rs. 377cr down by analyst expectations of Rs.390 cr. Net sales decline by 2% to Rs. 4011 cr vs expectation of Rs. 4290 cr. Visit our website daily for best share tips for tomorrow on stocks listed on National Stock Exchange of India. Subscription plan starts as low as Rs. 2300/- for 1 month. Visit link to see price plans. As per latest news on Cipla Ltd on 20th May 2019. Share price of Cipla gained by over 2% on zero observation for indore facilityby USFDA. United States Food and Drug Administraion conducted a post-approval inspection at company’s Indore facility from May 13 to May 17, 2019 and the said inspection ended with zero observations. |
| Cipla share price target for today around 608, if breaks 615 during trading hours – updated for 25th October 2018 | |||||||||||
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| Stock Name | Bearish Below | S 1 | S 2 | Stop Loss |
| CIPLA | 615 | 610.50 | 608 | 618 |
| CIPLA on 24th October 2018 closed with a loss of Rs. -1.05, down by -0.17% at NSE at Rs. 621.30. Stock opened 625.50, intraday high was 635, intraday low 615.60. Total traded volumes were 987144. 52 weeks high 678.45 and 52 weeks low 507.20. As per report on 16-10-2018, Sharekhan India`s leading broker expects Cipla to report net profit at Rs. 450.4 crore up 3% year-on-year (up 15.8% quarter-on-quarter). Net Sales are expected to increase by 7.8 percent Y-o-Y (up 11.7 percent Q-o-Q) to Rs. 4,401.4 crore. |