Biocon Ltd dropped for a fifth straight session today. The stock is quoting at Rs 267.9, down 0.32% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.4% on the day, quoting at 17051.95. The Sensex is at 57411.75, up 0.46%.Biocon Ltd has lost around 11.7% in last one month.Meanwhile, Nifty Metal index of which Biocon Ltd is a constituent, has increased around 0.46% in last one month and is currently quoting at 12826.8, down 0.18% on the day. The volume in the stock stood at 29.27 lakh shares today, compared to the daily average of 20.67 lakh shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 268.9, down 0.15% on the day. Biocon Ltd tumbled 23.95% in last one year as compared to a 6.11% slide in NIFTY and a 12.78% fall in the Nifty Metal index.

The PE of the stock is 448.17 based on TTM earnings ending June 22.