Hot Pursuit     05-Apr-23
Biocon Ltd spurts 2.7%, up for third straight session
Biocon Ltd is quoting at Rs 215, up 2.7% on the day as on 12:49 IST on the NSE. The stock is down 38.62% in last one year as compared to a 1.55% slide in NIFTY and a 11.83% slide in the Nifty Metal index.

Biocon Ltd is up for a third straight session today. The stock is quoting at Rs 215, up 2.7% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.77% on the day, quoting at 17531.7. The Sensex is at 59617.92, up 0.87%. Biocon Ltd has slipped around 5.04% in last one month.

Meanwhile, Nifty Metal index of which Biocon Ltd is a constituent, has slipped around 2.74% in last one month and is currently quoting at 12067.95, up 0.52% on the day. The volume in the stock stood at 52.9 lakh shares today, compared to the daily average of 76.76 lakh shares in last one month.

The benchmark April futures contract for the stock is quoting at Rs 215.8, up 2.49% on the day. Biocon Ltd is down 38.62% in last one year as compared to a 1.55% slide in NIFTY and a 11.83% slide in the Nifty Metal index.

The PE of the stock is 143.05 based on TTM earnings ending December 22.

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