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Cipla Bullish For Future, Caps Speculation On Top-Level Departures

 
• By Anju Ghangurde

After a tough Q3, Cipla indicates that things are looking up as it readies to enter fiscal 2020, with both the US and India businesses shaping up well. The company also sought to dispel concerns around top level exits.

BullTrend
CIPLA IS BULLISH GOING INTO FY20

Cipla Ltd., which has emerged from a challenging third quarter, is upbeat about its growth trajectory going forward, with the US and India business tracking well as per plan. The Mumbai-based company also sought to scotch on-and-off speculation around top-management instability and the possibility of more exits in store.

Cipla, which had previously cautioned investors of significant headwinds in the second half of its 2019 financial year in the...

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