CIPLA FALLS 5% AFTER WEAK Q4 RESULTS
Shares of drug maker Cipla dropped 5 per cent in Friday’s trade after the company registered a consolidated net loss of 61.79 crore for the quarter ended March 31, 2017 as against net loss of Rs 92.83 in the corresponding quarter last year.
The scrip of the company opened at Rs 480, touched highs and lows of Rs 504.15 and Rs 479, and was trading at Rs 481.45, down 4.5 per cent.
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