Hot Pursuit     23-Feb-23
Biocon Ltd drops for fifth straight session
Biocon Ltd is quoting at Rs 219.75, down 1.12% on the day as on 13:19 IST on the NSE. The stock tumbled 41.27% in last one year as compared to a 8.17% rally in NIFTY and a 4.33% fall in the Nifty Metal index.

Biocon Ltd is down for a fifth straight session today. The stock is quoting at Rs 219.75, down 1.12% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.12% on the day, quoting at 17576.2. The Sensex is at 59835.52, up 0.15%.Biocon Ltd has eased around 10.73% in last one month.Meanwhile, Nifty Metal index of which Biocon Ltd is a constituent, has eased around 5.04% in last one month and is currently quoting at 11991.85, down 0.28% on the day. The volume in the stock stood at 26.16 lakh shares today, compared to the daily average of 29.96 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 219.3, down 1.48% on the day. Biocon Ltd tumbled 41.27% in last one year as compared to a 8.17% rally in NIFTY and a 4.33% fall in the Nifty Metal index.

The PE of the stock is 152.16 based on TTM earnings ending December 22.

Previous News
  Biocon consolidated net profit declines 56.74% in the March 2024 quarter
 ( Results - Announcements 16-May-24   18:25 )
  Biocon issues corporate guarantee of $20 mn for Biocon Generics
 ( Corporate News - 24-Feb-24   12:47 )
  Biocon reports consolidated net loss of Rs 41.80 crore in the December 2022 quarter
 ( Results - Announcements 15-Feb-23   07:55 )
  Biocon PAT slides 57% to Rs 136 crore in Q4 FY24
 ( Hot Pursuit - 17-May-24   10:37 )
  Biocon acquires facility of Eywa Pharma in US for $7.7 mln
 ( Hot Pursuit - 02-Sep-23   14:59 )
  Biocon Ltd spurts 1.11%, gains for five straight sessions
 ( Hot Pursuit - 24-Aug-23   13:01 )
  Biocon Ltd spurts 0.78%, up for five straight sessions
 ( Hot Pursuit - 08-Nov-23   13:01 )
  Biocon slips after CFO resigns
 ( Hot Pursuit - 15-Mar-24   11:08 )
  Biocon’s Andhra Pradesh facility gets 3 USFDA observations
 ( Hot Pursuit - 15-Jun-24   16:32 )
  Biocon's Bangalore-based API facility gets GMP certificate from EDQM
 ( Hot Pursuit - 23-Dec-22   09:31 )
  Biocon partners with Zentiva for commercialization of Liraglutide in Europe
 ( Corporate News - 24-Nov-22   09:51 )
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