[ad_1]
Cipla shares jumped on Friday after the company’s first quarter revenue beat the consensus estimate. On BSE, the stock closed at Rs 315.45, up 0.5% over its previous close, with 2.84 lakh shares – trading 2-week average daily volume. Dealers tracking the stock said the ‘big daddy’ of insurance companies was a major buyer. However, traders who had created positions in anticipation of good quarterly numbers chose to book profits, thus limiting gains in the stock.
[ad_2]
Source link
Leave a Reply