Biocon Ltd sees good buying

Biocon Ltd is quoting at Rs 433.65, up 2.59% on the day as on 12:59 IST on the NSE. The stock is up 70.26% in last one year as compared to a 6.77% jump in NIFTY and a 53.8% jump in the Nifty Pharma index.

Biocon Ltd is up for a third straight session today. The stock is quoting at Rs 433.65, up 2.59% on the day as on 12:59 IST on the NSE. The benchmark NIFTY is down around 0.12% on the day, quoting at 12675.65. The Sensex is at 43283.62, down 0.17%. Biocon Ltd has slipped around 2.92% in last one month.

Meanwhile, Nifty Pharma index of which Biocon Ltd is a constituent, has slipped around 1.53% in last one month and is currently quoting at 11600.8, up 0.65% on the day. The volume in the stock stood at 33.01 lakh shares today, compared to the daily average of 41.68 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 434.5, up 2.71% on the day. Biocon Ltd is up 70.26% in last one year as compared to a 6.77% jump in NIFTY and a 53.8% jump in the Nifty Pharma index.

The PE of the stock is 148.82 based on TTM earnings ending September 20.

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


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