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Biocon Ltd spurts 1.56%, gains for third straight session

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Biocon Ltd is quoting at Rs 341.85, up 1.56% on the day as on 12:54 IST on the NSE. The stock is up 31.77% in last one year as compared to a 23.53% drop in NIFTY and a 8.71% drop in the Nifty Pharma index.

Biocon Ltd is up for a third straight session in a row. The stock is quoting at Rs 341.85, up 1.56% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 0.84% on the day, quoting at 8953.8. The Sensex is at 30488.22, up 0.97%. Biocon Ltd has dropped around 4.24% in last one month.

Meanwhile, Nifty Pharma index of which Biocon Ltd is a constituent, has dropped around 1.64% in last one month and is currently quoting at 9084.6, up 1.57% on the day. The volume in the stock stood at 41.13 lakh shares today, compared to the daily average of 89.84 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 342, up 1.68% on the day. Biocon Ltd is up 31.77% in last one year as compared to a 23.53% drop in NIFTY and a 8.71% drop in the Nifty Pharma index.

The PE of the stock is 128.93 based on TTM earnings ending March 20.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, May 20 2020. 13:05 IST
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