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Biocon Ltd slips for fifth straight session

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Capital Market

The stock is quoting at Rs 616.9, down 1.24% on the day as on 13:19 IST on the NSE. Biocon Ltd jumped 75.81% in last one year as compared to a 4.34% rally in NIFTY and a 1.72% spurt in the Nifty Pharma index.

Biocon Ltd dropped for a fifth straight session today. The stock is quoting at 616.9, down 1.24% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.76% on the day, quoting at 10413.05. The Sensex is at 34708.35, down 1.31%.Biocon Ltd has lost around 6.95% in last one month.Meanwhile, Nifty Pharma index of which Biocon Ltd is a constituent, has eased around 8.91% in last one month and is currently quoting at 9630.75, up 0.1% on the day. The volume in the stock stood at 20.63 lakh shares today, compared to the daily average of 37.63 lakh shares in last one month.

 

The benchmark October futures contract for the stock is quoting at Rs 620.6, down 1.19% on the day. Biocon Ltd jumped 75.81% in last one year as compared to a 4.34% rally in NIFTY and a 1.72% spurt in the Nifty Pharma index.

The PE of the stock is 141.15 based on TTM earnings ending June 18.

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First Published: Oct 05 2018 | 1:35 PM IST

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