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Cipla Limited (CIPLA.NS)

NSE - NSE Real-time price. Currency in INR
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1,387.20-36.20 (-2.54%)
At close: 03:29PM IST
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Previous close1,423.40
Open1,423.40
Bid0.00 x 0
Ask0.00 x 0
Day's range1,377.75 - 1,428.85
52-week range896.85 - 1,519.00
Volume1,085,238
Avg. volume1,495,460
Market cap1.12T
Beta (5Y monthly)0.37
PE ratio (TTM)30.27
EPS (TTM)N/A
Earnings dateN/A
Forward dividend & yield8.50 (0.60%)
Ex-dividend date21 July 2023
1y target estN/A
  • Reuters

    India pharma companies develop versions of Wegovy to get in on weight-loss windfall

    Indian drugmakers aiming to grab a slice of the burgeoning weight-loss treatment sales pie, both at home and abroad, have begun developing their own versions of Novo Nordisk's wildly in demand Wegovy. With some analysts predicting a weight-loss market reaching $100 billion a year or more by the end of the decade, executives at Sun Pharma, Cipla, Dr Reddy's and Lupin -- some of the world's largest generic drugmakers -- all said they have started work on Wegovy versions. Novo Nordisk has been unable to produce enough Wegovy to meet demand in more than half a dozen countries where it has already launched, amid record global obesity rates and people looking for easier alternatives to diet and exercise.