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Cipla advances on getting USFDA approval for combination AIDS drug

Cipla Ltd. | Pharmaceuticals & Drugs | Healthcare | BSE: 500087 | NSE: CIPLA

26 Sep 2011 Evaluate

Cipla is currently trading at Rs. 286.00, up by 2.15 points or 0.76% from its previous closing of Rs. 283.85 on the BSE.

The scrip opened at Rs. 286.00 and has touched a high and low of Rs. 287.75 and Rs. 281.00 respectively. So far 84273 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 380.80 on 04-Jan-2011 and a 52 week low of Rs. 273.60 on 06-Sep-2011.

Last one week high and low of the scrip stood at Rs. 289.80 and Rs. 275.60 respectively. The current market cap of the company is Rs. 22790.92 crore.

The promoters holding in the company stood at 36.80% while Institutions and Non-Institutions held 33.81% and 29.11% respectively.

Cipla, India’s second-largest pharma company has reportedly received tentative approval from the US Food and Drug Administration (USFDA) for its combination acquired immune deficiency syndrome (AIDS) drug containing lamivudine and zidovudine.

Recently, the company shut two of its four marketing divisions to improve its distribution. These two divisions, Protec and Omnicare, sold generic products and generate revenue about worth Rs 500 crore. The staff from these divisions will be accommodated in other areas of the company.

Cipla manufactures drugs to treat cardiovascular disease, arthritis, diabetes, weight control, depression and many other health conditions. Its products are distributed in more than 180 countries worldwide. The Mumbai-based firm which enjoys the highest share in India's pharmaceuticals market is known for selling low-cost generic versions of anti-retroviral drugs used to fight HIV/AIDS.

Cipla Share Price

1238.30 7.55 (0.61%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Sun Pharma Inds.	1675.20
Dr. Reddys Lab	1235.40
Cipla	1238.30
Zydus Lifesciences	942.55
Lupin	2324.25
View more..

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Cipla advances on getting USFDA approval for combination AIDS drug

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