Biocon Ltd dropped for a fifth straight session today. The stock is quoting at Rs 316.4, down 0.72% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1% on the day, quoting at 16404.45. The Sensex is at 55063.4, down 1.1%.Biocon Ltd has lost around 6.54% in last one month.Meanwhile, Nifty Metal index of which Biocon Ltd is a constituent, has eased around 3.84% in last one month and is currently quoting at 12412.4, down 0.95% on the day. The volume in the stock stood at 9.83 lakh shares today, compared to the daily average of 18.39 lakh shares in last one month.

The benchmark June futures contract for the stock is quoting at Rs 317.75, down 0.42% on the day. Biocon Ltd tumbled 21.38% in last one year as compared to a 4.22% rally in NIFTY and a 13.36% fall in the Nifty Metal index.

The PE of the stock is 443.13 based on TTM earnings ending March 22.