 "Biocon net profit up 14%")
On Wednesday, the company stock rose three per cent to a 52-week high of Rs 497.4, but pared gains to close at Rs 479.15 on BSE, down 0.65 per cent.
During the December quarter, the company's expenses rose eight per cent to Rs 532 crore. Earnings before interest, tax, depreciation and amortisation stood at Rs 187 crore, up 12 per cent year-on-year.
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