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Biocon Ltd extends losses

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Capital Market
Last Updated : Feb 14 2019 | 1:50 PM IST

Biocon Ltd is quoting at Rs 636.55, down 0.48% on the day as on 13:19 IST on the NSE. The stock jumped 5.82% in last one year as compared to a 1.83% rally in NIFTY and a 3.46% fall in the Nifty Pharma index.

Biocon Ltd dropped for a fifth straight session today. The stock is quoting at 636.55, down 0.48% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.51% on the day, quoting at 10738.5. The Sensex is at 35881.78, down 0.42%.Biocon Ltd has eased around 1.72% in last one month.Meanwhile, Nifty Pharma index of which Biocon Ltd is a constituent, has eased around 1.54% in last one month and is currently quoting at 8839.75, up 0.55% on the day. The volume in the stock stood at 4.31 lakh shares today, compared to the daily average of 17.29 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 639.9, down 0.24% on the day. Biocon Ltd jumped 5.82% in last one year as compared to a 1.83% rally in NIFTY and a 3.46% fall in the Nifty Pharma index.

The PE of the stock is 121.03 based on TTM earnings ending December 18.

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First Published: Feb 14 2019 | 1:35 PM IST

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