Cipla, Bajaj Finserv, Mahindra & Mahindra, Tata Motors, SBI were among major gainers as Indian markets trade at all-time highs. Indian markets have finally crossed 26,000 mark for NSE Nifty.
Shriram Finance shares were in demand as the financial services major reported strong growth in interest income and also reported better than expected quarterly numbers.
Cipla has received a reaffirmed ‘BUY’ rating from Prabhudas Lilladher following a pivotal regulatory development—the USFDA approval of its generic version of Abraxane (gAbraxane).
Prabhudas Lilladher has reaffirmed its BUY recommendation on Cipla, driven by the company's strong financial performance and strategic growth initiatives.