Jefferies analyst Alok Dalal increased the price target for Cipla (NSE:CIPL) Ltd. (CIPLA:IN) shares to INR1,580, up from INR1,560, while maintaining a Hold rating on the stock. The adjustment follows ...
The P/B ratio shows how a stock's market price compares to its book value. It helps gauge whether a stock is undervalued or overvalued relative to its net assets.
Cipla Limited is an Indian multinational pharmaceutical company that is headquartered in Mumbai, Maharashtra. The company is primarily known for producing generic drugs for various therapeutic uses.