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Biocon Ltd rises for fifth straight session

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Capital Market
Last Updated : Jan 17 2019 | 1:16 PM IST

Biocon Ltd is quoting at Rs 652.4, up 0.26% on the day as on 12:49 IST on the NSE. The stock is up 20.9% in last one year as compared to a 0.72% spurt in NIFTY and a 6.09% spurt in the Nifty Pharma.

Biocon Ltd gained for a fifth straight session today. The stock is quoting at Rs 652.4, up 0.26% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.05% on the day, quoting at 10895.25. The Sensex is at 36333.59, up 0.03%. Biocon Ltd has risen around 2.12% in last one month.

Meanwhile, Nifty Pharma index of which Biocon Ltd is a constituent, has risen around 2.26% in last one month and is currently quoting at 9054.2, down 0.15% on the day. The volume in the stock stood at 5.21 lakh shares today, compared to the daily average of 13.45 lakh shares in last one month.

The benchmark January futures contract for the stock is quoting at Rs 654.35, up 0.04% on the day. Biocon Ltd is up 20.9% in last one year as compared to a 0.72% spurt in NIFTY and a 6.09% spurt in the Nifty Pharma index.

The PE of the stock is 135.52 based on TTM earnings ending September 18.

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First Published: Jan 17 2019 | 1:01 PM IST

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