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Biocon Ltd spurts 1.56%, rises for third straight session

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Capital Market
Last Updated : Feb 24 2020 | 1:16 PM IST

Biocon Ltd is quoting at Rs 319.95, up 1.56% on the day as on 12:54 IST on the NSE. The stock is up 3.57% in last one year as compared to a 9.93% gain in NIFTY and a 6.91% gain in the Nifty Pharma index.

Biocon Ltd rose for a third straight session today. The stock is quoting at Rs 319.95, up 1.56% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is down around 0.99% on the day, quoting at 11960.7. The Sensex is at 40787.98, down 0.93%. Biocon Ltd has added around 10.29% in last one month.

Meanwhile, Nifty Pharma index of which Biocon Ltd is a constituent, has added around 2.49% in last one month and is currently quoting at 8364.35, down 1.88% on the day. The volume in the stock stood at 69.72 lakh shares today, compared to the daily average of 43.33 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 319.05, up 0.93% on the day. Biocon Ltd is up 3.57% in last one year as compared to a 9.93% gain in NIFTY and a 6.91% gain in the Nifty Pharma index.

The PE of the stock is 124.51 based on TTM earnings ending December 19.

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First Published: Feb 24 2020 | 1:05 PM IST

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