Cipla shares surge 7% post Q3; hit fresh all-time high
The share price of Cipla touched a new record high of ₹1,408.55, while market capitalisation climbed to ₹1.12 lakh crore.
The share price of Cipla touched a new record high of ₹1,408.55, while market capitalisation climbed to ₹1.12 lakh crore.
Cipla South Africa has signed a binding term sheet with Actor Holdings to acquire 100% of the issued ordinary shares of Actor Pharma.
In the earnings call, the management of Cipla raised its EBITDA margin target for the current fiscal to 23% from 22% estimates earlier.
The U.S. drug regulator has issued Form 483 with 8 observations after the inspection of its Pithampur manufacturing facilities from February 6-17.