Biocon Ltd rises for third consecutive session

24 Mar 2022 , 01:05 PM

Biocon Ltd gained for a third straight session today. The stock is quoting at Rs 341.8, up 1.36% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is down around 0.47% on the day, quoting at 17164.45. The Sensex is at 57410.8, down 0.48%. Biocon Ltd has slipped around 13.37% in last one month.

Meanwhile, Nifty Pharma index of which Biocon Ltd is a constituent, has slipped around 6.62% in last one month and is currently quoting at 13569.65, up 1.36% on the day. The volume in the stock stood at 9.48 lakh shares today, compared to the daily average of 48.46 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 343.2, up 1.63% on the day. Biocon Ltd is down 14.23% in last one year as compared to a 19.82% spurt in NIFTY and a 16.39% spurt in the Nifty Pharma index.

The PE of the stock is 351.09 based on TTM earnings ending December 21.

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