Cipla is the TOP gainer on Nifty today; expert pegs price target between Rs 950-Rs 1000 going forward
Even as wider markets were down in a significant manner, Cipla share price today rose to Rs 915, up Rs 32 or 3.6%. Cipla share price has moved from Rs 837 to Rs 915 over the last week. Cipla share price topped the Nifty Gainers list on Friday as well. The stock is seeing good buying as revenues of the company is going to increase going forward on increasing Covid worries
Ashis explains that Cipla is a well-known international participant in the fields of inhalers and antiretrovirals. Cipla entered the US market in 2015, with Invagen and Exelon's acquisitions: Reuters