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Cadila Healthcare Ltd plummets nearly 4%
(13:35, 16 May 2019)

Cadila Healthcare Ltd is down for a fifth straight session today. The stock is quoting at Rs 250.2, down 3.94% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is up around 0.19% on the day, quoting at 11177.7. The Sensex is at 37183.1, up 0.18%.Cadila Healthcare Ltd has lost around 25.65% in last one month.Meanwhile, Nifty Pharma index of which Cadila Healthcare Ltd is a constituent, has eased around 9.85% in last one month and is currently quoting at 8595.75, down 1.31% on the day. The volume in the stock stood at 53.76 lakh shares today, compared to the daily average of 17.88 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 252.4, down 3.07% on the day. Cadila Healthcare Ltd tumbled 35.34% in last one year as compared to a 4.63% rally in NIFTY and a 0.95% spurt in the Nifty Pharma index.

The PE of the stock is 16.83 based on TTM earnings ending December 18.

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