Cipla Share Price Live Updates: Cipla's Stock Price Surge

Cipla's stock surged 4.75% to around Rs 1,415.90, driven by Citi's 'Buy' rating and a 90-day Positive Catalyst Watch. The stock broke above its second resistance level (R2 at Rs 1,369.27) with above-average trading volume of about 33.7 lakh shares versus a one-week average of 12.5 lakh. Brokerages remain bullish on Cipla citing strong growth drivers and attractive valuations, with a market cap of about Rs 1,14,511 crore and a PE ratio of 29.48.