Biocon Ltd gains for fifth session
Biocon Ltd is up for a fifth straight session in a row. The stock is quoting at Rs 352.4, up 0.14% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.72% on the day, quoting at 23102.8. The Sensex is at 74685.25, up 0.72%. Biocon Ltd has dropped around 4.94% in last one month.
Meanwhile, Nifty Pharma index of which Biocon Ltd is a constituent, has dropped around 3.43% in last one month and is currently quoting at 26710.8, up 1.88% on the day. The volume in the stock stood at 10.32 lakh shares today, compared to the daily average of 28.66 lakh shares in last one month.
The benchmark November futures contract for the stock is quoting at Rs 353.5, up 0.14% on the day. Biocon Ltd is down 5.29% in last one year as compared to a 10.18% fall in NIFTY and a 22.72% fall in the Nifty Pharma index.
The PE of the stock is 190.27 based on TTM earnings ending June 26.
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