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Can acquisitions help Cipla beef up its portfolio?
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₹1,450 in September. They also revised the revenue estimates for financial year 2024 from ₹25,321 crore to ₹28,475 crore.
Capital expenditure, in analysts' forecast, is likely to be 4% to 5% of revenue. SBI Mutual Fund owns more than 4.6% equity in Cipla.
HDFC Mutual Fund holds 3.6%, while Kotak Mutual and ICICI Prudential Mutual Fund own 1% each. Among large foreign-investors, Norway Sovereign-fund owns 2.7% and the Singapore Sovereign-fund, owns 1%."Exciting news! Mint is now on WhatsApp Channels
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