The stock quoted a 52-week low price of Rs 320.9 and a high of Rs 487.7.
Earlier, shares of the company saw a gap down opening in the morning.
A total of 24,097 lakh shares changed hands on the counter till 10:58AM (IST).
The stock of Biocon Ltd. commanded a market value of Rs 49584.0 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 81.19, while the price-to-book value ratio stood at 4.84. Return on equity (ROE) was at 11.15 per cent, according to exchange data.
In the BSE500 pack, 317 stocks traded in the green, while 183 stocks were in the red.
The stock’s beta value, which measures volatility in relation to the broader market, stood at 0.98.
Promotor/FII Holding
Promoters held 39.75 per cent in Biocon Ltd. as of 31-Dec-2020 while foreign portfolio investors and domestic institutional investors owned 17.65 per cent and 3.05 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 420.74 on April 09, while the 50-DMA was at 399.7. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
