Hot Pursuit     29-Sep-23
Biocon Ltd up for third consecutive session
Biocon Ltd is quoting at Rs 271.45, up 1.7% on the day as on 12:49 IST on the NSE. The stock is down 6.7% in last one year as compared to a 15.06% gain in NIFTY and a 19.25% gain in the Nifty Metal index.

Biocon Ltd is up for a third straight session in a row. The stock is quoting at Rs 271.45, up 1.7% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.75% on the day, quoting at 19669.2. The Sensex is at 65902.8, up 0.6%. Biocon Ltd has added around 4.4% in last one month.

Meanwhile, Nifty Metal index of which Biocon Ltd is a constituent, has added around 2.27% in last one month and is currently quoting at 15023.15, up 2.97% on the day. The volume in the stock stood at 14.24 lakh shares today, compared to the daily average of 31.37 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 273.15, up 1.92% on the day. Biocon Ltd is down 6.7% in last one year as compared to a 15.06% gain in NIFTY and a 19.25% gain in the Nifty Metal index.

The PE of the stock is 299.44 based on TTM earnings ending June 23.

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