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16-May-2018     13:35

Cadila Healthcare Ltd eases for fifth straight session

Cadila Healthcare Ltd dropped for a fifth straight session today. The stock is quoting at 378.8, down 1.44% on the day as on 13:29 IST on the NSE. The benchmark NIFTY is down around 0.26% on the day, quoting at 10773.85. The Sensex is at 35494.29, down 0.14%.Cadila Healthcare Ltd has eased around 2.3% in last one month.Meanwhile, Nifty Pharma index of which Cadila Healthcare Ltd is a constituent, has eased around 4.95% in last one month and is currently quoting at 8401.15, down 0.12% on the day. The volume in the stock stood at 3.73 lakh shares today, compared to the daily average of 8.77 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 381.3, down 1% on the day. Cadila Healthcare Ltd tumbled 20.73% in last one year as compared to a 13.1% rally in NIFTY and a 17.92% fall in the Nifty Pharma index.

The PE of the stock is 29.85 based on TTM earnings ending December 17.

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