Cipla share price closes at ₹1,387, gains 0.59% on November 2

Key Takeaways

• Cipla finished at ₹1,387, gaining 0.59%, after moving between ₹1,365 and ₹1,391 during the session.
• The close stood above the 50-day and 100-day DMAs but remained ₹7.10 below the 200-day DMA of ₹1,394.10.
• Six-month return was positive at 5.91%, while the one-year figure remained negative at -7.61%.

Cipla share price ended November 2 at ₹1,387, up 0.59% from the previous close of ₹1,379. The stock opened at ₹1,383, dipped to ₹1,365 and then moved up to ₹1,391. The closing price finished only ₹4 below the session high and ₹22 above the low. Trading volume was 1,416,882 shares.

The full session range measured ₹26. Cipla closed ₹4 above its opening price and retained most of the recovery from the intraday low. Its finishing position near the day's high was more significant numerically than the modest sub-1% daily gain.

The moving averages were tightly distributed around the closing price. The 50-day DMA stood at ₹1,365.80, leaving Cipla ₹21.20 above it. The 100-day DMA was ₹1,379.40, only ₹7.60 below the close. The 200-day DMA at ₹1,394.10 sat just ₹7.10 above the final price. That placed the November 2 close between the shorter moving averages and the 200-day level.

The 52-week range ran from ₹1,166 to ₹1,540. Cipla finished ₹221 above the annual low and ₹153 below the annual high, putting the latest price closer to the top of the range than to the bottom.

Recent returns were mixed. One-month performance stood at 3.20%, while the three-month return was -5.85%. The six-month figure was positive at 5.91%, but the one-year return remained negative at -7.61%. The periods therefore alternated between positive and negative readings.

For November 2, the more distinctive numerical feature was Cipla's position around its moving averages. The share closed above the 50- and 100-day DMAs, just ₹7.10 below the 200-day DMA, and only ₹4 under the session high.