DoW.Exclusive:  CIPLA Ltd ;

Cipla is set to announce BEST EVER quarterly performance today for Q1.

1. Cipla had reported PAT of Rs 260 crores for quarter ended March 2015

2. Co had reported PAT of Rs 294 crores for quarter ended June 2014

3. Bloomberg consensus for Q1 ended June 2015 is PAT of Rs 458 crores

As against these, Cipla today should report PAT of Rs 650 crores,beating all market estimates by big wide margin.

It means that Q1 profit rising 150% QoQ basis,  rising 120% QoQ basis and HIGHER by 42% over Bloomberg consensus.

With such excellent nos, Cipla scrip should rise significantly. If our estimates come accurate (how we proved correct in J Poly), stock of Cipla can be anywhere between Rs 810 to 840 by August expiry (provided markets do not slide during the period and remain stable). This derivative stock should provide HUGE appreciation to our followers