Hot Pursuit     05-Sep-23
Biocon Ltd spurts 1.53%
Biocon Ltd is quoting at Rs 265.35, up 1.53% on the day as on 12:49 IST on the NSE. The stock is down 9.25% in last one year as compared to a 10.67% jump in NIFTY and a 19.73% jump in the Nifty Metal index.

Biocon Ltd is up for a third straight session in a row. The stock is quoting at Rs 265.35, up 1.53% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.05% on the day, quoting at 19539.3. The Sensex is at 65663.62, up 0.05%. Biocon Ltd has gained around 1.51% in last one month.

Meanwhile, Nifty Metal index of which Biocon Ltd is a constituent, has gained around 2.56% in last one month and is currently quoting at 15052.6, up 0.21% on the day. The volume in the stock stood at 28.65 lakh shares today, compared to the daily average of 46.63 lakh shares in last one month.

The benchmark September futures contract for the stock is quoting at Rs 267.2, up 1.56% on the day. Biocon Ltd is down 9.25% in last one year as compared to a 10.67% jump in NIFTY and a 19.73% jump in the Nifty Metal index.

The PE of the stock is 293.37 based on TTM earnings ending June 23.

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