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Biocon Ltd eases for fifth straight session

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Capital Market
Last Updated : May 15 2020 | 2:51 PM IST

Biocon Ltd is quoting at Rs 332.2, down 0.88% on the day as on 13:24 IST on the NSE. The stock jumped 26.42% in last one year as compared to a 19.25% slide in NIFTY and a 6.87% spurt in the Nifty Pharma index.

Biocon Ltd dropped for a fifth straight session today. The stock is quoting at Rs 332.2, down 0.88% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 0.58% on the day, quoting at 9089.55. The Sensex is at 30935.2, down 0.6%.Biocon Ltd has eased around 5.06% in last one month.Meanwhile, Nifty Pharma index of which Biocon Ltd is a constituent, has eased around 0.35% in last one month and is currently quoting at 9172.2, down 0.06% on the day. The volume in the stock stood at 176.62 lakh shares today, compared to the daily average of 80.53 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 334.6, down 0.07% on the day. Biocon Ltd jumped 26.42% in last one year as compared to a 19.25% slide in NIFTY and a 6.87% spurt in the Nifty Pharma index.

The PE of the stock is 132.53 based on TTM earnings ending December 19.

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First Published: May 15 2020 | 1:35 PM IST

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