Cipla Ltd is up for a third straight session today. The stock is quoting at Rs 1504.8, up 2.89% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.67% on the day, quoting at 22249. The Sensex is at 73373.23, up 1.8%. Cipla Ltd has gained around 5.72% in last one month.

Meanwhile, Nifty Pharma index of which Cipla Ltd is a constituent, has gained around 0.09% in last one month and is currently quoting at 18603.15, up 3.32% on the day. The volume in the stock stood at 10.66 lakh shares today, compared to the daily average of 27.49 lakh shares in last one month.

The benchmark June futures contract for the stock is quoting at Rs 1516.8, up 3.57% on the day. Cipla Ltd is up 54.81% in last one year as compared to a 19.62% jump in NIFTY and a 47.7% jump in the Nifty Pharma index.

The PE of the stock is 31.8 based on TTM earnings ending March 24.