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The Economic Times — Marketseconomictimes.indiatimes.com

Cipla shares jump 4% as Citi puts stock on 90-day catalyst watch. What's driving the optimism? (opens original article in a new tab)

TL;DR

Cipla shares rose 4% as Citi placed the stock on 90-day Positive Catalyst Watch, citing potential US market growth and improved domestic business performance.

  • Cipla shares rose 4% after Citi placed the stock on 90-day Positive Catalyst Watch
  • Citi highlighted potential US market growth from gFlovent approval and gVentolin launch
  • Citi noted Cipla's Nintedanib holds 50% US market share and India business recovery

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