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Cipla Ltd gained for a third straight session today. The stock is quoting at Rs 637.7, up 1.5% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.7% on the day, quoting at 11435.05. The Sensex is at 37886.71, up 0.64%. Cipla Ltd has gained around 2.7% in last one month.

Meanwhile, Nifty Pharma index of which Cipla Ltd is a constituent, has gained around 5.09% in last one month and is currently quoting at 9186.6, up 0.51% on the day. The volume in the stock stood at 10.44 lakh shares today, compared to the daily average of 26.75 lakh shares in last one month.

The benchmark August futures contract for the stock is quoting at Rs 637, up 1.36% on the day. Cipla Ltd is up 8% in last one year as compared to a 15.54% jump in NIFTY and a 4.22% jump in the Nifty Pharma index.

The PE of the stock is 30.41 based on TTM earnings ending June 18.

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