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VERIFIEDET Markets·positive

Cipla shares jump 4% as Citi puts stock on 90-day catalyst watch. What's driving the optimism?

AI Summary
  • ·Cipla shares increased by 4% after Citi initiated a 90-day Positive Catalyst Watch.
  • ·Citi's optimism is driven by potential US approvals for gFlovent and gVentolin, and a US business rebound.
  • ·The company's domestic performance is strong, supported by its respiratory portfolio, with attractive valuations noted.
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