| Contact Details |
| Office Address: | Cipla Limited - Mumbai Mumbai Central Mumbai, MH, 400008 Phone : +91-22-23082891/23095521 Fax : +91-22-23070013/23070393
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| News |
Cipla shareholders approve proposal to raise up to Rs 3,000 crore Posted on 17th August 2019 |
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Drug major Cipla on Saturday said its shareholders have approved a proposal to raise up to Rs 3,000 crore through issuance of equity shares or other securities convertible into equity shares. Drug major Cipla on Saturday said its shareholders have approved a proposal to raise up to Rs 3,000 crore through issuance of equity shares or other securities convertible into equity shares. Read More |
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Cipla clocks ₹447 crore profit in Q1 Posted on 7th August 2019 |
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NEW DELHI: Drug major Cipla on Wednesday reported a marginal rise in consolidated net profit at ₹447.15 crore for the quarter ended June 30, 2019. The company had posted a net profit of ₹445.61 crore in the year-ago period, Cipla said in a filing to BSE. Read More |
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Cipla arm InvaGen Pharma gets USFDA nod for neuropathic pain management drug Posted on 22nd July 2019 |
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Drug major Cipla Monday said its subsidiary InvaGen Pharmaceuticals has received final approval from the US health regulator for Pregabalin Capsules, indicated for management of neuropathic pain associated with certain illnesses. InvaGen has received approval from the the United States Food and Drug Administration (USFDA) for the drug in the strengths of 25mg, 50mg, 75mg, 100mg, 150mg, 200mg, 225mg and 300mg, Cipla said in a regulatory filing. Read More |
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Cipla Rating | Hold — Quarter results were ahead of expectations Posted on 3rd June 2019 |
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Cipla reported Q4 results ahead of expectation led by gSensipar “at-risk” exclusivity launch. Ex of this, revenues were in line while margins were c100bps ahead of expectation. Management expects US business to grow in double digits in FY20 and base margins to improve though it did not quantify the level. Cipla trading at 20x FY21 PE, factors in the base business improvement. We retain Hold, noting the mixed execution over past 12m. Read More |
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