Biocon Ltd up for third consecutive session

Biocon Ltd is up for a third straight session today. The stock is quoting at Rs 345.3, up 1.26% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.66% on the day, quoting at 24773.05. The Sensex is at 80791.81, up 0.65%. Biocon Ltd has slipped around 3.03% in last one month.

Meanwhile, Nifty Pharma index of which Biocon Ltd is a constituent, has slipped around 0.13% in last one month and is currently quoting at 21454.25, up 1.1% on the day. The volume in the stock stood at 13.95 lakh shares today, compared to the daily average of 28.75 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 346.8, up 1.21% on the day. Biocon Ltd is down 3.16% in last one year as compared to a 1.89% slide in NIFTY and a 6.42% slide in the Nifty Pharma index.

The PE of the stock is 0 based on TTM earnings ending June 25.

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