India's Cipla hits record high

Natco Pharma

22/11/2023 05:06

** Shares of Indian drug maker Cipla  CIPL.NS  rise as much
as 2.4% to a record 1,283.55 rupees
    ** Stock has added 9% since reporting strong Q2 results on
Oct. 30 and has since gained in 11 of the 16 sessions
    ** Pharma index  .NIPHARM  up 1% Wednesday, led by gains in
CIPL, Natco Pharma  NATP.NS , GlaxoSmithKline Pharma GLAX.NS ,
Sanofi  SANO.NS  among others
    ** CIPL up 18% YTD, underperforming 28% gains in pharma
index

 (Reporting by Sethuraman NR)
 ((Sethuraman.NR@thomsonreuters.com; (+91 9945291420); Reuters
Messaging: nallur.sethuraman.thomsonreuters.com@reuters.net))