Cadila Healthcare at over four-and-a-half-year low

Reuters Updated - May 16, 2019 at 10:55 AM.

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Shares of Cadila Healthcare Limited fell as much as 4.2 per cent to Rs 249.5, the lowest since October 1, 2014.

The stock broke below a support at Rs 255.92.

Experts said that in the near term, the stock has support at Rs 243.27.

The stock is down 25.3 per cent this year as of last close, while the Nifty has gained 2.7 per cent in the same period.

Published on May 16, 2019 05:21