Sep 10, 2012, 10.56 AM IST

Cipla hits new 52-week high on patent case win

Shares of Cipla, a drug producer, touched a fresh 52-week high of Rs 395.45 on Monday and rose for the second consecutive session after the company won patent case against Roche.

Source: Moneycontrol.com
Share Share on Tumblr
Share  .  Email  .  Print  .  A+
Shares of Cipla , a drug producer, touched a fresh 52-week high of Rs 395.45 on Monday and rose for the second consecutive session after the company won patent case against Roche.


Roche had filed suit against Cipla on drug Tarceva in 2008. Delhi HC said Cipla’s product Erlocip could be marketed.


At 10:49 hours IST, the share was trading at Rs 392.00, up 0.32% with volumes of 93,700 equity shares.


On Saturday, the share jumped 2.65% to close at Rs 390.75. Market capitalisation of the company currently stands at Rs 31,474.52 crore.


Set email alert for

Asus Zenbook Infinity Ultrabook to be unveiled at Computex next month
If elections were held today, NDA would wallop UPA: Survey "If elections were held today, NDA would wallop UPA: Survey"

From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'

The latest earning numbers FIRST on CNBC-TV18
News Videos

May 21 2013, 13:56

Yet to get clarity on power price hike: Adani Enterprises

- in Results Boardroom

May 21 2013, 11:05

Don`t panic, mkt won`t correct significantly: Angel Broking

- in MARKET OUTLOOK