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Biocon Ltd Shares Rise 1.13% as Sensex Climbs

Biocon Ltd’s shares traded at Rs 415.7 on BSE on Thursday morning, up 1.13 per cent from the previous close. The scrip quoted a 52-week low price of Rs 212.4 and a high of Rs 455.0. A total of 849,620 lakh shares changed hands on the counter till 11:12 AM (IST).

The stock of Biocon Ltd. commands a market value of Rs 50040.0 crore. The stock traded at a price-to-earnings (P/E) multiple of 72.39, while the price-to-book value ratio stood at 6.78. Return on equity (ROE) was at 11.15 per cent, according to exchange data. In the BSE 500 pack, 376 stocks traded in the green, while 122 stocks were in the red. Promoters held 39.75 per cent in the Biocon Ltd. as of 30-Jun-2020 while overseas, and domestic institutional investors owned 15.93 per cent and 4.69 per cent, respectively.

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