Cipla jumps 7% as co gets back to profit

Shares of Cipla on Wednesday got a shot in the arm as the drugmaker swung back into profit. The stock went up as much as 7.8% to Rs 564.90 this morning — its biggest intraday percentage gain since February 8.

The company on Tuesday posted Q4 profit of Rs 179 crore ($26.24 million) against a loss of Rs 61.79 crore last year.

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