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UBS downgrades Cipla to ''sell''; shares fall

Last Updated: Tuesday, May 20, 2014, 11:46

Shares of Cipla Ltd fall after UBS downgrades the stock to "sell" from "buy" and reduces its target to 370 rupees from 470 rupees citing "weak" earnings outlook despite "premium" valuations.

Cipla shares fall nearly 5% on disappointing earnings

Last Updated: Thursday, May 30, 2013, 18:01

The stock settled at Rs 383, down 4.62 percent from its previous close on the BSE. In intra-day trade, the stock tanked 4.86 percent to Rs 382.

Cipla launches biosimilar for rheumatic disorders in India

Last Updated: Wednesday, April 17, 2013, 13:25

Shares of Cipla were today trading at Rs 400.75 per scrip on BSE, up 0.21 percent from its previous close.

LIC sells Cipla shares; lowers stake to 6.21%

Last Updated: Tuesday, January 08, 2013, 21:05

"LIC has sold 1.7 crore shares representing 2.12 percent stake of the company between August 21, 2012 and January 7, 2013 via open market," Cipla said in a filing to the BSE.

Cipla offers over Rs 1,200 cr to acquire 51% in Cipla Medpro

Last Updated: Wednesday, November 21, 2012, 17:47

In a filing to the BSE, Cipla said it is "in preliminary discussions and has made an indicative proposal in relation to the acquisition of an approximately 51 percent stake in Cipla Medpro South Africa Ltd".

Cipla surges 4% on smart Q2 earnings; m-cap up Rs 1,276 cr

Last Updated: Tuesday, November 06, 2012, 17:04

After climbing nearly 5 percent to Rs 398.75 -- the highest level in a year -- the stock finally ended at Rs 396.35, up 4.18 percent on the BSE.

Cipla up over 7%; stock hits 52-week high

Last Updated: Wednesday, August 01, 2012, 12:51

Shares of drug major Cipla Wednesday surged over 7 percent to touch one-year high as it posted 58.19 percent jump in net profit for the quarter ended June 30, 2012.