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Biocon Ltd soars 2.71%, gains for fifth straight session

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Capital Market

The stock is quoting at Rs 678.95, up 2.71% on the day as on 12:44 IST on the NSE. Biocon Ltd is up 87.35% in last one year as compared to a 1.54% jump in NIFTY and a 1.96% jump in the Nifty Pharma.

Biocon Ltd is up for a fifth straight session today. The stock is quoting at Rs 678.95, up 2.71% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.37% on the day, quoting at 10342.05. The Sensex is at 34428.21, up 0.33%. Biocon Ltd has gained around 2.03% in last one month.

 

Meanwhile, Nifty Pharma index of which Biocon Ltd is a constituent, has gained around 2.65% in last one month and is currently quoting at 9650.3, up 0.82% on the day. The volume in the stock stood at 27.56 lakh shares today, compared to the daily average of 26.85 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 677.85, up 2.64% on the day. Biocon Ltd is up 87.35% in last one year as compared to a 1.54% jump in NIFTY and a 1.96% jump in the Nifty Pharma index.

The PE of the stock is 148.63 based on TTM earnings ending June 18.

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First Published: Oct 22 2018 | 1:00 PM IST

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