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PRAVIN RATILAL SHARE
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Biocon Ltd spurts 0.91%, gains for five straight sessions
(13:00, 12 Jul 2019)

Biocon Ltd rose for a fifth straight session today. The stock is quoting at Rs 254.95, up 0.91% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.05% on the day, quoting at 11588.6. The Sensex is at 38839.51, up 0.04%. Biocon Ltd has dropped around 0.8% in last one month.

Meanwhile, Nifty Pharma index of which Biocon Ltd is a constituent, has dropped around 0.17% in last one month and is currently quoting at 8110.05, up 0.64% on the day. The volume in the stock stood at 15.1 lakh shares today, compared to the daily average of 24.86 lakh shares in last one month.

The benchmark July futures contract for the stock is quoting at Rs 255, up 0.85% on the day. Biocon Ltd is down 14.91% in last one year as compared to a 5.17% gain in NIFTY and a 10.93% gain in the Nifty Pharma index.

The PE of the stock is 91.17 based on TTM earnings ending March 19.

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