Hot Pursuit     25-Oct-23
Biocon Ltd eases for fifth straight session
Biocon Ltd is quoting at Rs 225.5, down 0.33% on the day as on 13:19 IST on the NSE. The stock tumbled 18.37% in last one year as compared to a 7.84% rally in NIFTY and a 11.81% spurt in the Nifty Metal index.

Biocon Ltd is down for a fifth straight session today. The stock is quoting at Rs 225.5, down 0.33% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.8% on the day, quoting at 19127.55. The Sensex is at 64031.94, down 0.84%.Biocon Ltd has lost around 13.82% in last one month.Meanwhile, Nifty Metal index of which Biocon Ltd is a constituent, has eased around 1.28% in last one month and is currently quoting at 14911.65, down 0.81% on the day. The volume in the stock stood at 23.27 lakh shares today, compared to the daily average of 30.66 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 225.6, down 0.13% on the day. Biocon Ltd tumbled 18.37% in last one year as compared to a 7.84% rally in NIFTY and a 11.81% spurt in the Nifty Metal index.

The PE of the stock is 253.48 based on TTM earnings ending June 23.

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