SENSEX 75,516.73
NIFTY 23,614.90
CRUDEOIL 8,870.00
GOLD 141,902.00
SILVER 218,335.00
Cipla shares rise 3.7% despite Q1 profit fall
Cipla shares soared 3.7% on Friday despite a 39% decline in first-quarter PAT, with the stock trading at ₹1,426.40 on the NSE.
TL;DRAI
Cipla reported Q1 PAT down 39% to ₹789 crore YoY, though shares gained 3.7% on hopes of a US market turnaround despite broker skepticism. Delayed $1B US target to FY28 and falling EBITDA margins expose execution risk; most analysts maintain downgrade, signaling headwinds ahead.
442 words~2 min read
