Cipla is currently trading at Rs. 458.55, up by 8.85 points or 1.97% from its previous closing of Rs. 449.70 on the BSE.
The scrip opened at Rs. 454.00 and has touched a high and low of Rs. 463.05 and Rs. 452.55 respectively. So far 86573 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 585.50 on 27-May-2019 and a 52 week low of Rs. 389.55 on 11-Oct-2019.
Last one week high and low of the scrip stood at Rs. 466.80 and Rs. 444.55 respectively. The current market cap of the company is Rs. 36921.08 crore.
The promoters holding in the company stood at 36.68%, while Institutions and Non-Institutions held 41.79% and 21.53% respectively.
Avenue Therapeutics, an associate company of Cipla, has submitted a New Drug Application (NDA) to the US Food and Drug Administration (USFDA) for IV tramadol for the management of moderate to moderately severe pain in adults in a medically supervised health care setting.
The NDA for IV tramadol is based on positive results from two pivotal Phase 3 clinical efficacy and safety trials in patients following bunionectomy and abdominoplasty surgeries, as well as an open-label safety study with a total of more than 500 patients who received the IV tramadol 50 mg dosing regimen.
In addition, the NDA includes an epidemiology study on abuse of tramadol in the US and in certain European countries where IV tramadol is available. The study finds that reports of abuse with tramadol are infrequent, both in absolute number and relative to other prescription opioids, and that abuse of tramadol via injection is uncommon relative to oral tramadol in countries where it is available.
Cipla is a global pharmaceutical company which uses cutting edge technology and innovation to meet the everyday needs of all patients. The company’s portfolio includes over 1500 products across wide range of therapeutic categories with one quality standard globally.
Company Name | CMP |
---|---|
Sun Pharma Inds. | 1464.85 |
Dr. Reddys Lab | 5955.65 |
Cipla | 1477.15 |
Zydus Lifesciences | 1050.35 |
Lupin | 1603.55 |
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