Biocon Ltd soars 0.15%, gains for fifth straight session

Biocon Ltd is up for a fifth straight session today. The stock is quoting at Rs 367.8, up 0.15% on the day as on 12:39 IST on the NSE. The benchmark NIFTY is down around 0.32% on the day, quoting at 24906.8. The Sensex is at 80694.79, down 0.38%. Biocon Ltd has gained around 6.19% in last one month.

Meanwhile, Nifty Pharma index of which Biocon Ltd is a constituent, has gained around 10.78% in last one month and is currently quoting at 28427.75, up 1.62% on the day. The volume in the stock stood at 22.87 lakh shares today, compared to the daily average of 32.88 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 369.25, up 0.35% on the day. Biocon Ltd is down 3.76% in last one year as compared to a 2.61% slide in NIFTY and a 29.09% slide in the Nifty Pharma index.

The PE of the stock is 185.23 based on TTM earnings ending September 26.

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