Biocon share price: Biocon shares fall 0.13% as Nifty gains


NEW DELHI: the shares of Ltd. traded down 0.13% on Monday’s 12:44 am (IST) trade. About 70,281 shares changed hands at the box office.

The script opened at Rs 348.75 and hit an intraday high and low of Rs 350.15 and Rs 343.9, respectively, during the session so far. The action of Biocon Ltd. Listed a 52 week high of Rs 487.7 and a 52 week low of Rs 314.9.

According to the BSE, the total market capitalization of Biocon Ltd. stood at Rs 41,798.89 crore at the time of writing.

Key financial data

The company reported consolidated net sales of Rs 1,945.3 crore for the quarter ended Sept. 30-2021, up 7.61% from Rs 1,807.8 crore in the previous quarter and 10.51% from the previous quarter. at Rs 1,760.3 crore for the quarter of the previous year.

Net profit for the last quarter stood at Rs 138.3 crore, down 18.31% from the same quarter a year ago.

Shareholding model

As of September 30, 2021, DIIs held 2.58% of the company’s capital, while foreign institutional investors held 15.74% and promoters 39.73%.

Valuation ratio

According to BSE data, the stock traded at a P / E multiple of 64.85 and a price to book ratio of 6.51. A higher P / E ratio shows that investors are willing to pay a higher price because of better expectations of future growth. Book value indicates the intrinsic value of a business and measures the price investors are willing to pay even when the business does not grow.

Biocon Ltd. belongs to the Indian pharmaceutical industry.


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