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Biocon Ltd up for five straight sessions

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Capital Market

Biocon Ltd is quoting at Rs 292.6, up 0.76% on the day as on 12:44 IST on the NSE. The stock is down 8.76% in last one year as compared to a 10.69% gain in NIFTY and a 8.96% gain in the Nifty Pharma.

Biocon Ltd rose for a fifth straight session today. The stock is quoting at Rs 292.6, up 0.76% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.29% on the day, quoting at 11945.15. The Sensex is at 40504.82, up 0.23%. Biocon Ltd has added around 13.99% in last one month.

 

Meanwhile, Nifty Pharma index of which Biocon Ltd is a constituent, has added around 4.71% in last one month and is currently quoting at 7967.85, up 0.67% on the day. The volume in the stock stood at 27.82 lakh shares today, compared to the daily average of 42.79 lakh shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 291.5, up 0.33% on the day. Biocon Ltd is down 8.76% in last one year as compared to a 10.69% gain in NIFTY and a 8.96% gain in the Nifty Pharma index.

The PE of the stock is 117.1 based on TTM earnings ending September 19.

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First Published: Dec 12 2019 | 1:00 PM IST

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